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Stock impact report

SHIP Soars 95% in a year: Is It Still a Red-Hot Stock to Bet on? [Yahoo! Finance]

ZIM Integrated Shipping Services Ltd. Ordinary Shares (ZIM) 
Company Research Source: Yahoo! Finance
Shares of Seanergy Maritime Holdings SHIP, a prominent pure-play Capesize ship-owner, which provides marine dry bulk transportation services through a modern fleet of Capesize vessels, have performed brilliantly over the past year, gaining 94.9%. Owing to this solid rally, shares of this shipping company have easily surpassed the Zacks Transportation - Shipping industry's 56.2% growth and the Zacks Transportation sector's 15.6% uptick. SHIP shares have outperformed those of fellow industry player ZIM Integrated Shipping Services ZIM. Shares of another shipping company, Euroseas ESEA, have performed even better than SHIP, gaining in triple digits. ZIM Integrated Shipping Services'shares have gained 43.4% in a year. 1-Year Price Comparison Zacks Investment Research Image Source: Zacks Investment Research Given SHIP's impressive rally, investors might wonder if the opportunity to add this high-flying stock to their portfolio has passed. However, we believe SHIP has a lot going Show less Read more
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