Market Update: Diana Shipping Inc (DSX) Sees Negative Movement, Closing at 2.46

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In the latest session, Diana Shipping Inc (NYSE: DSX) closed at $2.46 down -1.60% from its previous closing price of $2.50. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 1.47 million shares were traded. DSX stock price reached its highest trading level at $2.54 during the session, while it also had its lowest trading level at $2.45.

Ratios:

For a deeper understanding of Diana Shipping Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.08 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.23.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on September 26, 2022, Downgraded its rating to Hold and sets its target price to $5 from $7 previously.

On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $7.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 08 ’24 when KONSTANTINOS PSALTIS bought 40,000 shares for $2.49 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DSX now has a Market Capitalization of 307787840 and an Enterprise Value of 764520640. As of this moment, Diana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.05, and their Forward P/E ratio for the next fiscal year is 2.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 3.243 whereas that against EBITDA is 7.465.

Stock Price History:

Over the past 52 weeks, DSX has reached a high of $3.53, while it has fallen to a 52-week low of $2.35. The 50-Day Moving Average of the stock is -7.48%, while the 200-Day Moving Average is calculated to be -15.91%.

Shares Statistics:

For the past three months, DSX has traded an average of 614.20K shares per day and 436050 over the past ten days. A total of 113.07M shares are outstanding, with a floating share count of 73.56M. Insiders hold about 38.86% of the company’s shares, while institutions hold 13.29% stake in the company. Shares short for DSX as of 1723680000 were 2204390 with a Short Ratio of 3.59, compared to 1721001600 on 1324067. Therefore, it implies a Short% of Shares Outstanding of 2204390 and a Short% of Float of 3.1400003.

Dividends & Splits

According to the company, the forward annual dividend rate for DSX is 0.37, from 0.375 in the trailing year. Against a Trailing Annual Dividend Yield of 0.15

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