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In trading on Monday, shares of Genco Shipping & Trading Ltd (NYSE:GNK) crossed below their 200 day moving average of $8.44, changing hands as low as $8.01 per share. Genco Shipping & Trading Ltd shares are currently trading off about 6.3% on the day. The chart below shows the one year performance of GNK shares, versus its 200 day moving average:
Looking at the chart above, GNK's low point in its 52 week range is $4.15 per share, with $15.86 as the 52 week high point — that compares with a last trade of $8.14.
GNK operates in the Shipping sector, among companies like Ultrapetrol Bahamas Ltd (NASDAQ:ULTR) which is up about 8.1% today, and Eagle Bulk Shipping Inc (NASDAQ:EGLE) trading lower by about 0.8%. Below is a three month price history chart comparing the stock performance of GNK, versus ULTR and EGLE.
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