At the time of writing, Performance Shipping Inc [PSHG] stock is trading at $2.11, up 14.67%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PSHG shares have gain 25.60% over the last week, with a monthly amount glided 47.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Performance Shipping Inc [NASDAQ: PSHG] stock has seen the most recent analyst activity on March 29, 2021, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $11.
For the past year, the stock price of Performance Shipping Inc fluctuated between $1.30 and $2.28. Performance Shipping Inc [NASDAQ: PSHG] shares were valued at $2.11 at the most recent close of the market.
Analyzing the PSHG fundamentals
According to Performance Shipping Inc [NASDAQ:PSHG], the company’s sales were 86.41M for trailing twelve months, which represents an -4.64% plunge. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.48%, Pretax Profit Margin comes in at 0.5%, and Net Profit Margin reading is 0.5%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.17 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.
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 1.9400 points at the first support level, and at 1.7700 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2100, and for the 2nd resistance point, it is at 2.3100.
Ratios To Look Out For
It is important to note that Performance Shipping Inc [NASDAQ:PSHG] has a current ratio of 5.29. In addition, the Quick Ratio stands at 5.26 and the Cash Ratio stands at 4.73. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 0.09 and price to earnings (TTM) ratio is 1.37.
