Investors may find better financial performance in Diana Shipping Inc (DSX)

Diana Shipping Inc [DSX] stock is trading at $1.91, up 3.24%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DSX shares have gain 3.24% over the last week, with a monthly amount drifted -9.05%, 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.

Diana Shipping Inc [DSX] stock has fluctuated between $1.73 and $3.21 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Diana Shipping Inc [NYSE: DSX] shares were valued at $1.91 at the most recent close of the market. An investor can expect a potential return of 57.07% based on the average DSX price forecast.

Analyzing the DSX fundamentals

Diana Shipping Inc [NYSE:DSX] reported sales of 231.15M for the trailing twelve months, which represents a drop of -7.37%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.27.

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 1.8517 points at the first support level, and at 1.7933 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9467, and for the 2nd resistance point, it is at 1.9833.

Ratios To Look Out For

For context, Diana Shipping Inc’s Current Ratio is 2.10. Further, the Quick Ratio stands at 2.04. Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 0.48 and price to earnings (TTM) ratio is 28.90.

Transactions by insiders

Recent insider trading involved KONSTANTINOS PSALTIS, Director, that happened on Aug 08 ’24 when 40000.0 shares were purchased.

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