Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Performance Shipping Inc (NASDAQ: PSHG) closed at $2.08 up 4.52% from its previous closing price of $1.99. In other words, the price has increased by $4.52 from its previous closing price. On the day, 0.11 million shares were traded. PSHG stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $2.0.
Ratios:
For a deeper understanding of Performance Shipping Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.35 and its Current Ratio is at 7.40. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.71.
Upgrades & Downgrades
In the most recent recommendation for this company, H.C. Wainwright on March 29, 2021, initiated with a Buy rating and assigned the stock a target price of $11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSHG now has a Market Capitalization of 25858890 and an Enterprise Value of -24293288. As of this moment, Performance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.17, and their Forward P/E ratio for the next fiscal year is 2.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.08. Its current Enterprise Value per Revenue stands at -0.289 whereas that against EBITDA is -0.478.
Stock Price History:
The Beta on a monthly basis for PSHG is -0.36, which has changed by 0.11173189 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, PSHG has reached a high of $2.34, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is 3.75%, while the 200-Day Moving Average is calculated to be 18.63%.
Shares Statistics:
For the past three months, PSHG has traded an average of 118.56K shares per day and 124710 over the past ten days. A total of 12.43M shares are outstanding, with a floating share count of 10.20M. Insiders hold about 17.96% of the company’s shares, while institutions hold 6.04% stake in the company. Shares short for PSHG as of 1761868800 were 455021 with a Short Ratio of 3.81, compared to 1759190400 on 477599. Therefore, it implies a Short% of Shares Outstanding of 455021 and a Short% of Float of 3.66.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 10.79. The current Payout Ratio is 0.00% for PSHG, which recently paid a dividend on 2020-10-29 with an ex-dividend date of 2020-10-29. Stock splits for the company last occurred on 2022-11-15 when the company split stock in a 1:15 ratio.
