Diana Shipping Inc (NYSE: DSX) is -35.69% lower on its value in year-to-date trading and has touched a low of $1.73 and a high of $3.48 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 $1.78 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $1.91, the stock is -9.44% and -16.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing 7.30% at the moment leaves the stock -28.73% off its SMA200. DSX registered -44.15% loss for a year compared to 6-month loss of -37.38%. The firm has a 50-day simple moving average (SMA 50) of $2.2896 and a 200-day simple moving average (SMA200) of $2.6849.
The stock witnessed a -16.96% gain in the last 1 month and extending the period to 3 months gives it a -22.36%, and is -10.75% 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 7.12% over the week and 3.52% over the month.
Diana Shipping Inc (DSX) has around 1018 employees, a market worth around $244.60M and $231.15M in sales. Current P/E ratio is 28.90 and Fwd P/E is 5.62. Profit margin for the company is 2.86%. Distance from 52-week low is 10.40% and -45.11% from its 52-week high. The company has generated returns on investments over the last 12 months (0.59%).
with sales reaching $67M over the same period.The EPS is expected to shrink by -108.26% this year, but quarterly earnings will post -3.41% year-over-year. Quarterly sales are estimated to grow 18.19% in year-over-year returns.
Diana Shipping Inc (DSX) Top Institutional Holders
The shares outstanding are 125.15M, and float is at 72.89M with Short Float at 1.80%.
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.
Diana Shipping Inc (DSX) Insider Activity
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