Does SEACOR Marine Holdings Inc. (SMHI) Have Any Gas After Reaching All-Time Low?

The stock of SEACOR Marine Holdings Inc. (NYSE:SMHI) reached all time low today, Aug, 15 and still has $10.76 target or 5.00 % below today’s $11.33 share price. This indicates more downside for the $241.23M company. This technical setup was reported by If the $10.76 PT is reached, the company will be worth $12.06M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 5.11% or $0.61 during the last trading session, reaching $11.33. About 14,738 shares traded. SEACOR Marine Holdings Inc. (NYSE:SMHI) has 0.00% since August 15, 2018 and is . It has by 0.00% the S&P500.

More notable recent SEACOR Marine Holdings Inc. (NYSE:SMHI) news were published by: which released: “SEACOR Marine Announces Closing of Joint Venture with Montco Offshore, LLC – Business Wire” on February 09, 2018, also with their article: “Nordic American Offshore’s Stock Could Double Within Months – Seeking Alpha” published on April 22, 2019, published: “Energy Sector Update for 07/12/2019: UUUU,SMHI,UPL,MUR,BHGE – Nasdaq” on July 12, 2019. More interesting news about SEACOR Marine Holdings Inc. (NYSE:SMHI) were released by: and their article: “Stocks To Watch: Spotlight On FOMC, Slack And Paris Air Show – Seeking Alpha” published on June 15, 2019 as well as‘s news article titled: “SEACOR Marine Holdings Inc. Begins Trading on NYSE as an Independent Public Company, Symbol “SMHI” – GlobeNewswire” with publication date: June 02, 2017.

SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore gas and oil exploration, development, and production facilities worldwide. The company has market cap of $241.23 million. It operates a fleet of offshore support and specialty vessels that deliver cargo and personnel to offshore installations; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; and carry and launch equipment used underwater in drilling and well installation, maintenance, and repair. It currently has negative earnings. The firm is headquartered in Houma, Louisiana.

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