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Diana Shipping Inc. (DSX) – Don’t Believe the Hype: Check The Facts

Diana Shipping Inc. (NYSE: DSX) is 21.28% higher on its value in year-to-date trading and has touched a low of $3.36 and a high of $6.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DSX stock was last observed hovering at around $4.67 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $4.73, the stock is 7.33% and 16.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 1.28% at the moment leaves the stock 3.66% off its SMA200. DSX registered -9.73% loss for a year compared to 6-month loss of 1.07%.

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The stock witnessed a 11.82% gain in the last 1 month and extending the period to 3 months gives it a 33.62%, and is 0.42% up 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 3.41% over the week and 3.80% over the month.

Diana Shipping Inc. (DSX) has around 819 employees, a market worth around $486.76M and $290.00M in sales. Current P/E ratio is 3.46 and Fwd P/E is 7.77. Profit margin for the company is 39.10%. Distance from 52-week low is 40.77% and -31.35% from its 52-week high. The company has generated returns on investments over the last 12 months (12.40%).

Diana Shipping Inc. (DSX) Analyst Forecasts

The EPS is expected to grow by 123.50% this year

Diana Shipping Inc. (DSX) Top Institutional Holders

The shares outstanding are 87.08M, and float is at 74.54M with Short Float at 2.73%.

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

The company’s main competitors (and peers) include Genco Shipping & Trading Limited (GNK) that is trading -11.61% down over the past 12 months and Safe Bulkers Inc. (SB) that is -13.79% lower over the same period.

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