A share price of Diana Shipping Inc [DSX] is currently trading at $1.49, up 6.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The DSX shares have gain 8.76% over the last week, with a monthly amount drifted -17.22%, 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 experienced fluctuations in its stock price throughout the past year between $1.27 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 $1.49 at the most recent close of the market. An investor can expect a potential return of 101.34% based on the average DSX price forecast.
Analyzing the DSX fundamentals
Trailing Twelve Months sales for Diana Shipping Inc [NYSE:DSX] were 228.21M which represents -4.90% decline. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. 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 of1.26.
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 1.4433 points at the first support level, and at 1.3967 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5133, and for the 2nd resistance point, it is at 1.5367.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Diana Shipping Inc [NYSE:DSX] is 2.58. On the other hand, the Quick Ratio is 2.52, and the Cash Ratio is 1.79. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 0.37 and price to earnings (TTM) ratio is 24.79.
Transactions by insiders
Recent insider trading involved KONSTANTINOS PSALTIS, Director, that happened on Aug 08 ’24 when 40000.0 shares were purchased.
