Insider Activity to Watch: Seaspan Corporation $SSW

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Seaspan Corporation (NYSE:SSW) insider have most recently took part in a trading activity. On Jul 31, 2017 Wang Gerry Yougui, CEO bought 17,948 shares having total worth of $114,688 at the price of $6.39 per share, following the transaction a total of 3,215,813 shares owned by Wang Gerry Yougui.

Shares of Seaspan Corporation (NYSE:SSW) traded up 0.54% on Aug 28, 2017, hitting $7.38. 1,281,700 shares of the company’s stock traded hands. Seaspan Corporation has a 52 week low of $4.98 and a 52 week high of $15.64. The company’s market cap is $1,410 million.

Seaspan Corporation (NYSE:SSW) last announced its earnings results on Apr 26, 2017. The company reported 0.15 earnings per share (EPS) for the quarter. The company had revenue of $201 million for the quarter During the same quarter in the previous year, the company posted 0.33 earnings per share. The company’s revenue for the quarter was down 7% on a year-over-year basis.

2017-04-26 2017-02-28 2016-10-31 2016-07-25 2016-04-25 2016-03-07 2015-11-02 2015-07-28 2015-04-27 2015-02-23
earnings per share 0.15 0.21 0.29 0.30 0.33 0.35 0.30 0.22 0.25 0.27
Revenue(M) 201.32 213.19 224.88 224.31 215.52 218.46 212.86 199.15 188.5 189.44

Seaspan Corporation is a Marshall Islands corporation, incorporated on May 3, 2005. The Company is an owner of containerships and it charters them pursuant to long-term, fixed-rate time charters to major container liner companies. It owns and operates a fleet of approximately 69 containerships and has entered into contracts for the purchase of an additional eight newbuilding containerships and two existing containerships. Customers for its current operating fleet are CSCL Asia, HL USA, COSCON, CSAV and MOL. Customers for the additional 10 vessels would include MOL, Hanjin, and Yang Ming Marine. Its fleet portfolio consists of vessels including COSCO Glory, COSCO Pride, COSCO Development, COSCO Harmony, MOL Eminence, MOL Emissary, and Rio de Janeiro Express. The Company competes for charters based upon price, customer relationships, operating and technical expertise, professional reputation and size, age and condition of the vessel.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

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About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.