Sell-side Research Says Buy These Stocks: Genco Shipping & Trading Limited (:GNK), Marathon Patent Group, Inc. (NASDAQ:MARA)

Stock research firms currently have a positive stance on shares of Genco Shipping & Trading Limited (:GNK). Analysts are projecting that the stock will reach $16.13 on a short term (1 year) basis.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.90. This is based on the research brokerage reports taken into consideration by Thomson Reuters. 

Genco Shipping & Trading Limited (:GNK) shares typically trade an average volume of 88.90 and institutions hold 85.70% of the total shares.  

MOVING AVERAGES

We see here that the stock is 7.07% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 17.06% from current levels.  Further back, their 200-Day Simple Moving Average is 23.53% difference from today’s price.  Currently, the stock is -0.56% from its 50-Day High and 46.26% from the 50-day low. 

Genco Shipping & Trading Limited (:GNK)‘s stock has performed at 7.06%.  Breaking that down further, it has performed 2.81% for the week, 5.55% for the month, 20.95% over the last quarter, 30.71% for the past half-year and 76.49% for this last year. 

Brokerage firms currently have a positive stance on shares of Marathon Patent Group, Inc. (NASDAQ:MARA). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. Those same analysts are projecting that the stock will reach $4.00 on a short term basis.

Marathon Patent Group, Inc. (NASDAQ:MARA)’s shares may have a significant upside to the consensus target of 4.00, but how has it been performing relative to the market?  The stock’s price is 4.17 and their relative strength index (RSI) stands at 51.23.  RSI is a technical oscillator that shows price strength by comparing upward and downward movements.  It indicates oversold and overbought price levels for a stock.  

Marathon Patent Group, Inc. (NASDAQ:MARA) shares are moving 8.59% trading at $4.17 today.

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