On June 22, 2022, Diana Shipping Inc. (NYSE: DSX) opened at $4.95, lower -9.28% from the last session. During the day, the shares moved up to $5.0361 and dropped to $4.68 before settling in for the closing price of $5.17. Price fluctuations for DSX have ranged from $3.31 to $6.89 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 13.40%. Company’s average yearly earnings per share was noted 137.40% at the time writing. With a float of $59.61 million, this company’s outstanding shares have now reached $76.34 million.
Considering the fact that the conglomerate employs 819 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +43.60, operating margin of +29.30, and the pretax margin is +26.95.
Diana Shipping Inc. (DSX) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Marine Shipping industry is another important factor to consider. The insider ownership of Diana Shipping Inc. is 17.80%, while institutional ownership is 19.50%.
Diana Shipping Inc. (DSX) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 12/30/2021, the company posted $0.28 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.23) by $0.05. This company achieved a net margin of +26.79 while generating a return on equity of 13.97. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 137.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 18.00% growth over the previous five years of trading.
Diana Shipping Inc. (NYSE: DSX) Trading Performance Indicators
Check out the current performance indicators for Diana Shipping Inc. (DSX). In the past quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 1.73. Likewise, its price to free cash flow for the trailing twelve months is 3.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.95, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.12 in one year’s time.
Technical Analysis of Diana Shipping Inc. (DSX)
Compared to the last year’s volume of 1.04 million, its volume of 1.47 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.56%. Additionally, its Average True Range was 0.40.
During the past 100 days, Diana Shipping Inc.’s (DSX) raw stochastic average was set at 34.52%, which indicates a significant increase from 0.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.14% in the past 14 days, which was lower than the 70.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.39, while its 200-day Moving Average is $4.83. Nevertheless, the first resistance level for the watch stands at $4.92 in the near term. At $5.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.28. If the price goes on to break the first support level at $4.57, it is likely to go to the next support level at $4.45. Now, if the price goes above the second support level, the third support stands at $4.21.
Diana Shipping Inc. (NYSE: DSX) Key Stats
There are currently 91,535K shares outstanding in the company with a market cap of 413.70 million. Presently, the company’s annual sales total 214,200 K according to its annual income of 57,390 K. Last quarter, the company’s sales amounted to 65,930 K and its income totaled 26,040 K.