SMHI Stock Summary and Trading Ideas (Seacor Marine Hldgs | NYSE:SMHI)

Seacor Marine Holdings Inc provides world-wide marine and support transportation services to offshore energy facilities globally. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment for offshore rigs and platforms. Its geographical segment includes the United States (Gulf of Mexico); Africa and Europe; Middle East and Asia and Latin America.

Seacor Marine Hldgs trades on the NYSE stock market under the symbol SMHI.

As of May 6, 2024, SMHI stock price declined to $12.06 with 121,308 million shares trading.

SMHI has a beta of 0.59, meaning it tends to be less sensitive to market movements. SMHI has a correlation of 0.03 to the broad based SPY ETF.

SMHI has a market cap of $332.88 million. This is considered a Small Cap stock.

Last quarter Seacor Marine Hldgs reported $63 million in Revenue and -$.84 earnings per share. This fell short of revenue expectation by $-600,000 and missed earnings estimates by -$.41.

In the last 3 years, SMHI stock traded as high as $15.24 and as low as $3.08.

The top ETF exchange traded funds that SMHI belongs to (by Net Assets): VTI, IWM, VXF, DWAS, IWN.

SMHI has outperformed the market in the last year with a return of +52.3%, while the SPY ETF gained +27.8%. In the last 3 month period, SMHI beat the market returning +18.5%, while SPY returned +4.4%. However, in the most recent 2 weeks SMHI has underperformed the stock market by returning -3.1%, while SPY returned +3.9%.

SMHI support price is $12.10 and resistance is $12.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMHI stock will trade within this expected range on the day.