The Latest Breaking News from Genco Shipping Trading

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

According to Benzinga Pro, during Q1, Genco Shipping & Trading (NYSE:GNK) earned $41.87 million, a 53.94% increase from the preceding quarter. Genco Shipping & Trading's sales decreased to $136.23 million, a 25.67% change since Q4.

Genco Shipping & Trading (NYSE:GNK) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Gainers Knightscope (NASDAQ:KSCP) stock rose 14.5% to $4.9 during Thursday's regular session. Trading volume for Knightscope's stock is 414.7K as of 13:30 EST. This is 7.4% of its average full-day volume over the last 100 days. The company's market cap stands at $116.9 million.