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After finishing at $2.87 in the prior trading day, Diana Shipping Inc (NYSE: DSX) closed at $2.91, up 1.39%. In other words, the price has increased by $1.39 from its previous closing price. On the day, 0.51 million shares were traded. DSX stock price reached its highest trading level at $2.92 during the session, while it also had its lowest trading level at $2.86.
Ratios:
Our goal is to gain a better understanding of DSX by taking a closer look at its different 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 1.27 whereas as Long-Term Debt/Eq ratio is at 1.27.
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.
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 350134112 and an Enterprise Value of 796538752. As of this moment, Diana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.81, and their Forward P/E ratio for the next fiscal year is 3.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 3.223 whereas that against EBITDA is 7.027.
Stock Price History:
The Beta on a monthly basis for DSX is 1.13, which has changed by -0.22811669 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, DSX has reached a high of $3.81, while it has fallen to a 52-week low of $2.78. The 50-Day Moving Average of the stock is -2.46%, while the 200-Day Moving Average is calculated to be -4.20%.
Shares Statistics:
The stock has traded on average 622.50K shares per day over the past 3-months and 412230 shares per day over the last 10 days, according to various share statistics. 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 13.00% stake in the company. Shares short for DSX as of 1718323200 were 1442355 with a Short Ratio of 2.22, compared to 1715731200 on 2508975. Therefore, it implies a Short% of Shares Outstanding of 1442355 and a Short% of Float of 2.1999999999999997.
Dividends & Splits
In the trailing 12 months, DSX’s forward annual dividend rate was 0.45, compared to 0.30 this year. Against a Trailing Annual Dividend Yield of 0.15679443
