Diana Containerships Inc. (DCIX) Reaches New 52-Week High


09 July, 2017

Shares of Diana Shipping inc. Ironwood Investment Management LLC now owns 30,192 shares of the shipping company's stock worth $139,000 after buying an additional 426 shares in the last quarter. (NYSE DSX) opened at 3.89 on Tuesday. Company's distance from 20 day simple moving average is -58.02% and distance from 50-Day simple moving average is -62.52%. The analysis company pointing out the bullish and bearish press coverage by observing larger than twenty million public financial documents, market websites and SEC sources in real time. The consensus mean EPS for the current quarter is at $-0.84 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings. The current share price indicate that stock is -27.71% away from its one year high and is moving 6.15% ahead of its 52-week low. While the stock price moved along with the volume change, shares are touching $1.08. Stifel Nicolaus reaffirmed a "hold" rating and issued a $5.25 price objective on shares of Diana Shipping inc.in a research report on Friday, May 26th. Over the past month the firm's stock is -65.62%, -86.25% for the last quarter, -95.87% for the past six-months and -96.78% for the previous year. The legal version of this news story can be accessed at https://transcriptdaily.com/2017/07/06/brokerages-set-diana-shipping-inc-dsx-pt-at-4-71-updated-updated-updated-updated.html. Edmond DE Rothschild Holding S.A. bought a new position in shares of Diana Shipping inc. during the first quarter valued at $205,000. For the week, the stock is performing -65.91%.

Shares of Diana Shipping inc. Renaissance Technologies LLC now owns 932,500 shares of the shipping company's stock worth $2,816,000 after buying an additional 79,500 shares during the last quarter. Credit Suisse Group set a $3.00 target price on Diana Shipping inc. and gave the company a "hold" rating in a research report on Saturday, April 22nd. (NASDAQ:DCIX). According to the most recently released broker notes, 0 analysts have a rating of "strong buy" on the stock, 0 analysts "buy", 0 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell". As of quarter end 12 West Capital Management Lp had sold 17,217,085 shares trimming its holdings by 87.5%. Macquarie Group Ltd. increased its position in shares of Diana Shipping inc.by 41.1% in the fourth quarter. Finally, DnB Asset Management AS acquired a new position in shares of Diana Shipping inc. during the second quarter worth $741,000. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. (NYSE:DSX) last issued its earnings results on Tuesday, May 23rd. The shipping business posted ($0.34) Earnings per share for the period, exceeding wall street forecast of ($0.37) by $0.03. If you are reading this report on another domain, it was stolen and republished in violation of worldwide copyright law. Diana Shipping inc. The business had revenue of $31.30 million during the quarter, compared to analysts' expectations of $28.69 million.

News headlines about Diana Shipping inc. Its book value per share for the most recent quarter is $9.59 while its price to book ratio for the same period is 0.03, as for as the company's cash per share for the most recent quarter is $2.11, however its price to cash per share ratio for the same period is 0.13. The Company is a provider of shipping transportation services.

On the other hand the company has Relative Strength Index (RSI 14) of 32.65 along with Average True Range (ATR 14) of 0.05, Consequently Diana Containrshp (NASDAQ:DCIX)'s weekly and monthly volatility is 14.26%, 13.64% respectively. Wells Fargo & Company/mn now owns 2,948 shares worth $2,000. As of February 16, 2017, the Company's operating fleet consisted of 48 dry bulk carriers, of which 23 were Panamax, four were Kamsarmax, three were Post-Panamax, 14 were Capesize and four were Newcastlemax vessels, having a combined carrying capacity of approximately 5.7 million deadweight tonnage (dwt).

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