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Old 10-20-2009, 10:46 PM   Nav to Top  #1
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Default Genco Shipping & Trading Limited (NYSE:GNK)
GNK has a market cap of 718.21 million and has traded within a 52-week range of $6.43 and $29.89. GNK is currently above its 20-day moving average of $20.89 and 250-day moving average of $17.79. It has near-term technical support in the $20.64 price area. If the shares can continue the recent rebound, we see overhead resistance around the $24.40 price levels. Technical indicator for the stock is buy. Here is the chart:
Genco Shipping & Trading Limited (NYSE:GNK)
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