Diana Shipping Inc (NYSE: DSX) is -29.29% lower on its value in year-to-date trading and has touched a low of $2.14 and a high of $3.53 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 $2.17 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $2.10, the stock is -5.26% and -10.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -3.23% at the moment leaves the stock -22.53% off its SMA200. DSX registered -36.41% loss for a year compared to 6-month loss of -32.69%. The firm has a 50-day simple moving average (SMA 50) of $2.3456 and a 200-day simple moving average (SMA200) of $2.71475.
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The stock witnessed a -5.83% gain in the last 1 month and extending the period to 3 months gives it a -12.50%, and is -4.55% 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 1.98% over the week and 2.70% over the month.
Diana Shipping Inc (DSX) has around 1018 employees, a market worth around $262.83M and $235.73M in sales. Current P/E ratio is 19.96 and Fwd P/E is 6.18. Profit margin for the company is 4.37%. Distance from 52-week low is -1.87% and -40.51% from its 52-week high. The company has generated returns on investments over the last 12 months (0.97%).
The EPS is expected to shrink by -108.26% this year
The shares outstanding are 113.07M, and float is at 72.87M with Short Float at 1.69%.
The top institutional shareholder in the company is HOSKING PARTNERS LLP with over 4.06 million shares valued at $11.6 million. The investor’s holdings represent 3.6769 of the DSX Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 3.05 million shares valued at $8.71 million to account for 2.7604 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 1.81 million shares representing 1.6439 and valued at over $5.19 million, while MORGAN STANLEY holds 0.9777 of the shares totaling 1.08 million with a market value of $3.09 million.
