Genco Shipping & Trading Ltd. (NYSE:GNK), the operator of dry-bulk cargo ships, said it’s reached a restructuring agreement with a majority of lenders that gives it a road map for a Chapter 11 bankruptcy reorganization. Genco Shipping & Trading Limited (NYSE:GNK) shares after opening at $1.54 moved to $2.91 on last trade day and at the end of the day closed at $1.94. Company price to sales ratio in past twelve months was calculated as 0.44 and price to cash ratio as 0.79. Genco Shipping & Trading Limited (NYSE:GNK) showed a positive weekly performance of 14.79%.
On March 5, 2014, National Beverage Corp. (NASDAQ:FIZZ) issued a press release announcing financial results for the periods ended January 25, 2014. National Beverage Corp. (NASDAQ:FIZZ) shares advanced 9.05% in last trading session and ended the day on $20.84. FIZZ return on equity ratio is recorded as 49.40% and its return on assets is 20.20%. National Beverage Corp. (NASDAQ:FIZZ) yearly performance is 49.07%.
Emerge Energy Services LP (NASDAQ:EMES) Common Units representing Limited Partner Interests was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Wednesday, AnalystRatings.Net reports. They currently have a $64.20 price objective on the stock. Zacks‘s price objective points to a potential downside of 0.74% from the company’s current price. Emerge Energy Services LP (NYSE:EMES) shares moved up 11.95% in last trading session and was closed at $72.41, while trading in range of $67.03 – $72.50. Emerge Energy Services LP (NYSE:EMES) year to date (YTD) performance is 67.07%.
On March 26, 2014, Baltic Trading Limited (NYSE:BALT), entered into a letter agreement with John C. Wobensmith to amend his employment agreement with the Company dated December 19, 2013 (the “Baltic Trading Employment Agreement”). Baltic Trading Ltd (NYSE:BALT) weekly performance is 5.36%. On last trading day company shares ended up $6.49. Baltic Trading Ltd (NYSE:BALT) distance from 50-day simple moving average (SMA50) is 2.26