Genco Shipping: Take Advantage Of The Seasonal Low

Genco (NYSE: GNK ), a global shipper of drybulk cargo, recently came out with Q4 2024 results , which also announced a reduction in the quarterly dividend from $0.40 to$0.30. Nevertheless, I think today's price is a good one, at a discount to book valueMy articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundam ...