Diana Shipping Inc. (DSX) is priced at $5.23 after the most recent trading session. At the very opening of the session, the stock price was $5.49 and reached a high price of $5.56, prior to closing the session it reached the value of $5.44. The stock touched a low price of $5.29.Recently in News on October 1, 2021, Diana Shipping Inc. Announces Time Charter Contract for m/v Baltimore With Olam. Diana Shipping Inc. (NYSE: DSX),, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore. The gross charter rate is US$56,000 per day, minus a 4.75% commission paid to third parties, for a time charter trip duration of about ninety (90) days. The charter commenced retroactively as of September 28, 2021. The m/v Baltimore was chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of US$13,000 per day, minus a 5% commission paid to third parties. You can read further details here
Diana Shipping Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.36 on 09/16/21, with the lowest value was $1.86 for the same time period, recorded on 01/04/21.
Diana Shipping Inc. (DSX) full year performance was 275.17%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Diana Shipping Inc. shares are logging -17.77% during the 52-week period from high price, and 302.31% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.30 and $6.36.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 877055 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Diana Shipping Inc. (DSX) recorded performance in the market was 181.87%, having the revenues showcasing 32.04% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 497.98M, as it employees total of 918 workers.
The Analysts eye on Diana Shipping Inc. (DSX)
During the last month, 5 analysts gave the Diana Shipping Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.88, with a change in the price was noted +0.69. In a similar fashion, Diana Shipping Inc. posted a movement of +15.72% for the period of last 100 days, recording 1,250,054 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DSX is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.11.
Technical rundown of Diana Shipping Inc. (DSX)
Raw Stochastic average of Diana Shipping Inc. in the period of last 50 days is set at 45.76%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.22%. In the last 20 days, the company’s Stochastic %K was 27.90% and its Stochastic %D was recorded 37.35%.
Considering, the past performance of Diana Shipping Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 181.87%. Additionally, trading for the stock in the period of the last six months notably improved by 76.62%, alongside a boost of 275.17% for the period of the last 12 months. The shares increased approximately by -9.33% in the 7-day charts and went down by -7.80% in the period of the last 30 days. Common stock shares were driven by 32.04% during last recorded quarter.