The stock of Diana Shipping Inc (DSX) has gone down by -12.84% for the week, with a -16.30% drop in the past month and a -22.45% drop in the past quarter. The volatility ratio for the week is 4.55%, and the volatility levels for the past 30 days are 3.05% for DSX. The simple moving average for the last 20 days is -13.36% for DSX’s stock, with a simple moving average of -29.67% for the last 200 days.
Is It Worth Investing in Diana Shipping Inc (NYSE: DSX) Right Now?
Diana Shipping Inc (NYSE: DSX) has a higher price-to-earnings ratio of 40.25x compared to its average ratio, The 36-month beta value for DSX is at 1.13. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 8 as “hold,” and 2 as “sell.”
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The public float for DSX is 72.87M, and currently, shorts hold a 1.69% of that float. The average trading volume for DSX on November 26, 2024 was 472.46K shares.
DSX) stock’s latest price update
Diana Shipping Inc (NYSE: DSX) has experienced a decline in its stock price by -11.21 compared to its previous closing price of 2.14. However, the company has seen a fall of -12.84% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-25 that Diana Shipping Inc. (NYSE:DSX ) Q3 2024 Earnings Conference Call November 25, 2024 9:00 AM ET Company Participants Edward Nebb – Investor Relations Semiramis Paliou – Chief Executive Officer Ioannis Zafirakis – Director, Chief Financial Officer & Chief Strategy Officer Dave Van der Linden – CCO, Steamship Shipbroking Enterprises Inc. Conference Call Participants Climent Molins – Value Investor’s Edge Operator Greetings, and welcome to the Diana Shipping Third Quarter 2024 Conference Call and Webcast. At this time all participants are in a listen-only mode.
Analysts’ Opinion of DSX
Many brokerage firms have already submitted their reports for DSX stocks, with Jefferies repeating the rating for DSX by listing it as a “Hold.” The predicted price for DSX in the upcoming period, according to Jefferies is $5 based on the research report published on September 26, 2022 of the previous year 2022.
Jefferies, on the other hand, stated in their research note that they expect to see DSX reach a price target of $7. The rating they have provided for DSX stocks is “Buy” according to the report published on July 21st, 2022.
Jefferies gave a rating of “Hold” to DSX, setting the target price at $5 in the report published on April 27th of the previous year.
DSX Trading at -18.35% from the 50-Day Moving Average
After a stumble in the market that brought DSX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.17% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 4.55%, as shares sank -15.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.15% lower at present.
During the last 5 trading sessions, DSX fell by -12.84%, which changed the moving average for the period of 200-days by -34.93% in comparison to the 20-day moving average, which settled at $2.19. In addition, Diana Shipping Inc saw -36.03% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DSX starting from KONSTANTINOS PSALTIS, who proposed sale 40,000 shares at the price of $2.49 back on Aug 08 ’24. After this action, KONSTANTINOS PSALTIS now owns shares of Diana Shipping Inc, valued at $99,452 using the latest closing price.
Stock Fundamentals for DSX
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.39 for the gross margin
The net margin for Diana Shipping Inc stands at 0.07. The total capital return value is set at 0.05. Equity return is now at value 2.52, with 1.06 for asset returns.
Based on Diana Shipping Inc (DSX), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.23. The interest coverage ratio of the stock is 1.26.
Currently, EBITDA for the company is 96.25 million with net debt to EBITDA at 4.65. When we switch over and look at the enterprise to sales, we see a ratio of 3.18. The receivables turnover for the company is 31.92for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.10.
Conclusion
In conclusion, Diana Shipping Inc (DSX) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
