Performance Shipping Inc. (NASDAQ:PSHG) went up by 3.53% from its latest closing price compared to the recent 1-year high of $6.10. The company’s stock price has collected -8.37% of loss in the last five trading sessions.
Is It Worth Investing in Performance Shipping Inc. (NASDAQ :PSHG) Right Now?
Plus, the 36-month beta value for PSHG is at 0.55.
PSHG currently public float of 22.81M and currently shorts hold a 5.51% ratio of that float. Today, the average trading volume of PSHG was 6.39M shares.
PSHG’s Market Performance
PSHG stocks went down by -8.37% for the week, with a monthly drop of -17.92% and a quarterly performance of -63.22%, while its annual performance rate touched -95.05%. The volatility ratio for the week stands at 10.14% while the volatility levels for the past 30 days are set at 8.08% for Performance Shipping Inc. The simple moving average for the period of the last 20 days is -11.86% for PSHG stocks with a simple moving average of -88.26% for the last 200 days.
Analysts’ Opinion of PSHG
Many brokerage firms have already submitted their reports for PSHG stocks, with H.C. Wainwright repeating the rating for PSHG by listing it as a “Buy.” The predicted price for PSHG in the upcoming period, according to H.C. Wainwright is $11 based on the research report published on March 29th of the previous year 2021.
PSHG Trading at -23.47% from the 50-Day Moving Average
After a stumble in the market that brought PSHG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.96% of loss for the given period.
Volatility was left at 8.08%, however, over the last 30 days, the volatility rate increased by 10.14%, as shares sank -24.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -54.92% lower at present.
During the last 5 trading sessions, PSHG fell by -8.37%, which changed the moving average for the period of 200-days by -94.27% in comparison to the 20-day moving average, which settled at $0.2756. In addition, Performance Shipping Inc. saw -93.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PSHG
Current profitability levels for the company are sitting at:
- -23.10 for the present operating margin
- -6.82 for the gross margin
The net margin for Performance Shipping Inc. stands at -27.69. Equity return is now at value -13.30, with -8.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.