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New Big Money Means Diana Shipping Inc. (DSX) Investors Could Reap Benefit

Diana Shipping Inc. (NYSE: DSX) is -7.95% lower on its value in year-to-date trading and has touched a low of $3.31 and a high of $6.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DSX stock was last observed hovering at around $3.79 in the last trading session, with the day’s loss setting it -0.2%.

Currently trading at $3.59, the stock is -4.69% and -8.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing -5.28% at the moment leaves the stock -24.30% off its SMA200. DSX registered -10.47% loss for a year compared to 6-month loss of -18.04%.

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The stock witnessed a 1.41% gain in the last 1 month and extending the period to 3 months gives it a -9.80%, and is -1.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.33% over the week and 4.37% over the month.

Diana Shipping Inc. (DSX) has around 819 employees, a market worth around $336.60M and $283.10M in sales. Current P/E ratio is 2.30 and Fwd P/E is 5.08. Profit margin for the company is 45.50%. Distance from 52-week low is 8.46% and -47.90% from its 52-week high. The company has generated returns on investments over the last 12 months (9.50%).

Diana Shipping Inc. (DSX) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Diana Shipping Inc. (DSX) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.20, where 2 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

The EPS is expected to grow by 137.40% this year

Diana Shipping Inc. (DSX) Top Institutional Holders

The shares outstanding are 78.39M, and float is at 74.54M with Short Float at 2.44%.

Diana Shipping Inc. (DSX): Who are the competitors?

The company’s main competitors (and peers) include Genco Shipping & Trading Limited (GNK) that is trading -0.06% down over the past 12 months and Safe Bulkers Inc. (SB) that is -15.66% lower over the same period.

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