Shares last traded at $35.51 barely below $47.06, the stock’s 50 day moving average and which is marginally under the 200 day moving average of $63.71. The 50 day moving average went down by -25.84% and the 200 day average went down $-28.81 or -45.22%. SEACOR Holdings Inc. shares had a trading volume of 132K by the end of trading on Wednesday. Trading volume was down 29.63% under the stocks average daily volume.
Here is the rundown on market activity for SEACOR Holdings Inc. (NYSE:CKH). Director Robert Christopher Regan let go of 3,866 shares at an average price of $64.90 on Fri the 12th. That brings the Director’s holdings to $74,895 per an SEC filing yesterday. Eric Fabrikant, Chief Operating Officer disclosed the sale of 167 shares. The shares were purchased at an average price of $64.64. The Chief Operating Officer now owns $3,070,400 of the stock per the Form 4 SEC filing.
Director Andrew R. Morse disclosed the sale of 3,866 shares of CKH stock. The shares were sold on May 12th for an average price of $64.90. Morse now owns $1,676,432 of the stock according to the SEC filing.
The following firms have also recently changed their position in CKH. Bank Of Montreal /can/ downsized its holdings by shedding 470 shares a decrease of 84.2% as of 06/30/2017. Bank Of Montreal /can/ claims 88 shares valued at $3,000. The total value of its holdings decreased 92.3%. As of quarter end Morgan Stanley had disposed of 2,200 shares trimming its holdings by 40.6%. The value of the company’s investment in SEACOR Holdings Inc. went from $386,000 to $222,000 decreasing 42.5% quarter to quarter.
Tower Research Capital LLC (trc) added to its stake by buying 1,549 shares an increase of 1,335.3% from 12/31/2016 to 03/31/2017. Tower Research Capital LLC (trc) now holds 1,665 shares worth $115,000. The value of the position overall is up by 1,337.5%. As of the end of the quarter Goldman Sachs Group Inc had sold a total of 39,602 shares trimming its stake by 91.3%. The value in dollars decreased from $3,093,000 to $262,000 a change of 91.5% for the reporting period.
On August 24 analysts at Stifel Nicolaus added CKH to its research portfolio with an initial rating of “Hold”. On October 28 Credit Suisse held the stock rating at “Neutral” and moved down the price target to $85.00 from $95.00.
May 8 investment analysts at Barclays maintained a stock rating of “Equal-weight” and lowered the price target from $93.00 to $81.00.
In the market the company is trading up from yesterday’s close of $34.55. As of the latest earnings report the EPS was $-10.87 and is expected to be $0.42 for the current year with 17,549,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.42 and the next full year EPS is anticipated to be $0.19.
SEACOR Holdings Inc., launched on November 7, 1989, is involved in owning, operating, investing in and marketing equipment, primarily in the offshore oil and gas, shipping and logistics industries. The Business’s segments include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore oil and gas exploration, development and production facilities around the world. Inland River Services segment operates river transportation equipment used for moving agricultural and industrial commodities and petroleum and chemical products. Shipping Services segment operates a fleet of United States flag marine transportation related assets. Illinois Corn Processing segment produces alcohol used in the food, beverage, industrial and petrochemical end-markets. The Company also offers emergency and crisis services, lending and leasing activities, and noncontrolling investments in various other businesses..