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Enter Symbol:
Baltic Trading Limited (BALT) [hlAlert]

down 69.00 %

Baltic Trading Limited (BALT) rated Buy with price target $5.50 by Maxim Group

Posted on: Wednesday,  Oct 8, 2014  8:25 AM ET by Maxim Group

Maxim Group rated Buy Baltic Trading Limited (NYSE: BALT) on 10/08/2014. Previously Maxim Group rated Buy Baltic Trading Limited (NYSE: BALT) on
11/21/2013., when the stock price was $4.84. Since then, Baltic Trading Limited has lost 69.01% as of 07/17/2016's recent price of $1.50.
If you would have followed the previous Maxim Group's recommendation on BALT, you would have lost 69% of your investment in 969 days.

Baltic Trading Limited owns drybulk vessels. The company trades in trip charters and vessel pools in the spot market. Baltic Trading Limited was incorporated in 2009 and is based in New York, New York. Baltic Trading Limited operates as a subsidiary of Genco Shipping & Trading Ltd.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2014 8:25 AM Buy
3.39 5.50
as of 10/17/2014
1 Week up  7.86 %
1 Month down  -36.71 %
3 Months down  -34.91 %
1 YTD down  -46.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2013 8:25 AM Buy
4.84 7.00

(*) Stock Price at the time of the recommendation.
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