At the time of writing, Diana Shipping Inc [DSX] stock is trading at $1.88, up 2.17%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DSX shares have gain 2.17% over the last week, with a monthly amount drifted -13.76%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Diana Shipping Inc [NYSE: DSX] stock has seen the most recent analyst activity on September 26, 2022, when Jefferies downgraded its rating to a Hold and also revised its price target to $5 from $7. Previously, Jefferies started tracking the stock with Buy rating on July 21, 2022, and set its price target to $7. BTIG Research downgraded its rating to a Neutral. H.C. Wainwright initiated its recommendation with a Buy and recommended $9.50 as its price target on September 13, 2021. Pareto upgraded its rating to Hold for this stock on March 16, 2021. In a note dated February 23, 2021, Pareto downgraded an Sell rating on this stock.
For the past year, the stock price of Diana Shipping Inc fluctuated between $1.73 and $3.21. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Diana Shipping Inc [NYSE: DSX] shares were valued at $1.88 at the most recent close of the market. An investor can expect a potential return of 59.57% based on the average DSX price forecast.
Analyzing the DSX fundamentals
According to Diana Shipping Inc [NYSE:DSX], the company’s sales were 231.15M for trailing twelve months, which represents an -7.37% plunge. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.8267 points at the first support level, and at 1.7733 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9367, and for the 2nd resistance point, it is at 1.9933.
Ratios To Look Out For
It is important to note that Diana Shipping Inc [NYSE:DSX] has a current ratio of 2.10. As well, the Quick Ratio is 2.04. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 0.47 and price to earnings (TTM) ratio is 28.44.
Transactions by insiders
Recent insider trading involved KONSTANTINOS PSALTIS, Director, that happened on Aug 08 ’24 when 40000.0 shares were purchased.
