The price of Diana Shipping Inc (NYSE:DSX) shares last traded on Wall Street fell -4.69% to $1.83.
DSX stock price is now -1.66% away from the 50-day moving average and -24.09% away from the 200-day moving average. The market capitalization of the company currently stands at $229.10M.
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With the price target reduced from $7 to $5, Jefferies Downgraded its rating from Buy to Hold for Diana Shipping Inc (NYSE: DSX). On July 21, 2022, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $7, while ‘BTIG Research’ rates the stock as ‘Neutral’
In other news, KONSTANTINOS PSALTIS, Director bought 40,000 shares of the company’s stock on Aug 08 ’24. The stock was bought for $99,452 at an average price of $2.49. A total of 40.54% of the company’s stock is owned by insiders.
During the past 12 months, Diana Shipping Inc has had a low of $1.73 and a high of $3.21. As of last week, the company has a debt-to-equity ratio of 1.27, a current ratio of 2.10, and a quick ratio of 2.04. According to the stock market information, the enterprise value for the company is $658127424, which is based on a 27.69 price-to-earnings ratio, a 19.23 price-to-earnings-growth ratio, and a beta of 0.99. The fifty day moving average price for DSX is $1.8608 and a two-hundred day moving average price translates $2.41065 for the stock.
The latest earnings results from Diana Shipping Inc (NYSE: DSX) was released for 2024-09-30. The net profit margin was 2.86% and return on equity was 2.52% for DSX. The company reported revenue of $57.49 million for the quarter, compared to $62.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.37 percent.
