The Technical Analyst
Grindrod Shipping [GRIN]
Exchange: NASDAQ Sector: Industrials Industry: Marine Shipping
Grindrod Shipping Price, Forecast, Insider, Ratings, Fundamentals & Signals
-1.57% $13.75
America/New_York / 18 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 270.68 mill |
| EPS: | -0.490 |
| P/E: | -28.06 |
| Earnings Date: | May 15, 2024 |
| SharesOutstanding: | 19.69 mill |
| Avg Daily Volume: | 0.0214 mill |
| RATING 2024-04-18 |
|---|
| B- |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Buy | |
| P/E: | Strong Sell | |
| Price To Book: | Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -28.06 | sector: PE 11.29 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -13.90x |
| Company: PE -28.06 | industry: PE 2.02 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 13.31 - 14.19 ( +/- 3.23%) |
| ATR Model: 14 days |
Forecast:
16:00 - $13.75
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $13.75
Forecast 2: 16:00 - $13.75
Forecast 3: 16:00 - $13.75
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $13.75 (-1.57% ) |
| Volume | 0.0137 mill |
| Avg. Vol. | 0.0214 mill |
| % of Avg. Vol | 63.96 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For GRIN
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
GRIN
Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 32 vessels consisting of 24 owned dry bulk carriers and 7 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates one owned tanker, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore.
Last 10 Buy Signals
Latest Press Releases
2024-04-04 16:05:00 - Press Release
Grindrod Shipping Holdings Ltd. Announces Proposed Selective Capital Reduction
Singapore, april 04, 2024 (globe newswire) -- exhibit 99.1 grindrod shipping holdings ltd. (incorporated in singapore) (registration no.
2024-02-28 16:05:00 - Press Release
Grindrod Shipping Holdings Ltd. Announces Unaudited Financial Results For The Second Half And Full Year Ended December 31, 2023
Singapore, feb. 28, 2024 (globe newswire) -- grindrod shipping holdings ltd. (nasdaq: grin) (jse: gsh) (“grindrod shipping” or “company” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced its second half (1) and full year 2023 earnings results for the period ended december 31, 2023.
2024-02-21 16:00:00 - Press Release
Grindrod Shipping Holdings Ltd. Announces Date For Unaudited Financial Results For The Second Half And Full Year Ended December 31, 2023
Singapore, feb. 21, 2024 (globe newswire) -- grindrod shipping holdings ltd. (nasdaq: grin) (jse: gsh) (“grindrod shipping” or “company” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced it will release its second half and full year 2023 earnings results for the period ended december 31, 2023 on wednesday, february 28, 2024, after market closing in new york.
2024-01-25 16:05:00 - Press Release
Grindrod Shipping Holdings Ltd. Announces Ship Sales
Singapore, jan. 25, 2024 (globe newswire) -- grindrod shipping holdings ltd. (nasdaq: grin) (jse: gsh) (“grindrod shipping” or “company”), a global provider of maritime transportation services predominantly in the drybulk sector, announced the completion of the following transactions.
2023-11-28 16:00:00 - Press Release
Grindrod Shipping Holdings Ltd. Announces Unaudited Financial Results For The Three Months And Nine Months Ended September 30, 2023
Singapore, nov. 28, 2023 (globe newswire) -- grindrod shipping holdings ltd. (nasdaq: grin) (jse: gsh) (“grindrod shipping” or “company” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced its earnings results for the three months and nine months ended september 30, 2023.
Latest News
2024-04-05 21:05:23 - Seeking Alpha
Grindrod Shipping: Minority Shareholder Buyout Proposal Might Not Pass
Grindrod Shipping shares rallied by 30% after the company announced plans to buy out minority shareholders for $14.25 in cash per common share.
2024-02-21 16:00:00 - GlobeNewsWire
Grindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023
SINGAPORE, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced it will release its second half and full year 2023 earnings results for the period ended December 31, 2023 on Wednesday, February 28, 2024, after market closing in New York.
2024-01-14 03:48:00 - Seeking Alpha
Grindrod Shipping: Favorable Outlook, M&A Completion, And Very Cheap
Grindrod didn't only continue to reduce its total amount of debt in the last quarter, management also reported the completion of the acquisition of Tamar Ship Management Limited. Favorable outlook for the geared dry bulk segment and expected market growth in the Asia Pacific region could lead to net sales growth. Stable balance sheet with negative working capital and recent debt reduction promises may positively impact future valuation multiples.
2023-11-27 16:00:00 - GlobeNewsWire
Grindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Three Months Ended September 30, 2023
SINGAPORE, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company”), a global provider of maritime transportation services predominantly in the drybulk sector, announced it will release earnings results for the three months ended September 30, 2023 on Tuesday, November 28, 2023, after market closing in New York.
2023-10-04 17:45:02 - Seeking Alpha
Grindrod Shipping - Lower-Than-Expected Cash Distribution And Related Party Dealing Disappoint
Grindrod Shipping announces the purchase of parent Taylor Maritime's vessel management operations for total consideration of approximately $11.75 million dollars. As a result of a recently approved capital reduction, the company will distribute an aggregate $1.65 in cash per share to common equity holders. The distribution will be made in two tranches on October 26 and December 13 to shareholders of record as of October 20.
2023-08-29 16:05:00 - GlobeNewsWire
Grindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Three Months and Six Months Ended June 30, 2023
SINGAPORE, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company”), a global provider of maritime transportation services predominantly in the drybulk sector, announced it will release earnings results for the three months and six months ended June 30, 2023 on Tuesday, September 5, 2023, after market closing in New York. The Company will not be holding a conference call and webcast to discuss the results.
2023-07-05 23:09:02 - Seeking Alpha
Grindrod Shipping: Controlling Shareholders' Delisting Threat Likely To Remain An Overhang
Grindrod Shipping: Controlling Shareholders' Delisting Threat Likely To Remain An Overhang
2023-04-23 06:00:35 - Seeking Alpha
Star Bulk: The Market Outlook, The Peers, And The Risks
2023-02-08 16:05:00 - GlobeNewsWire
Grindrod Shipping Holdings Ltd. Announces Date For Unaudited Financial Results For The Fourth Quarter & The Year Ended December 31, 2022
SINGAPORE, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services in the drybulk sector, announced it will release earnings results for the fourth quarter and year ended December 31, 2022 on Wednesday, February 15, 2023, after market closing in New York.
2023-01-09 12:33:17 - Seeking Alpha
Grindrod Shipping: Why Have Good, When You Can Have Great
Grindrod Shipping's business has remained highly profitable, and management is looking to pay out 30% of net income as dividends. A recent offer at a 17% premium has not been accepted, as investors see value greater than its current trading price.