Diana Shipping (NYSE:DSX - Get Free Report) released its quarterly earnings data on Monday. The shipping company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01), RTT News reports. Diana Shipping had a net margin of 5.36% and a return on equity of 4.42%. The company had revenue of $54.90 million during the quarter, compared to analysts' expectations of $51.30 million.
Diana Shipping Stock Up 5.9%
Shares of NYSE DSX traded up $0.09 during midday trading on Friday, reaching $1.54. 623,115 shares of the company's stock were exchanged, compared to its average volume of 498,007. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.04 and a current ratio of 2.10. The stock has a market capitalization of $177.71 million, a PE ratio of 51.18 and a beta of 0.72. Diana Shipping has a 52-week low of $1.27 and a 52-week high of $3.07. The business's fifty day moving average price is $1.47 and its two-hundred day moving average price is $1.74.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Diana Shipping from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th.
Read Our Latest Research Report on DSX
About Diana Shipping
(
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Diana Shipping Inc provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of March 1, 2024, it operated a fleet of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 6 Panamax.
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