Diana Shipping Inc [NYSE: DSX] jumped around 0.02 points on Friday, while shares priced at $1.85 at the close of the session, up 1.09%.
Compared to the average trading volume of 713.47K shares, DSX reached a trading volume of 260679 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Diana Shipping Inc [DSX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DSX shares is $3.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DSX stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Diana Shipping Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 26, 2022. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on July 21, 2022, representing the official price target for Diana Shipping Inc stock. Previously, the target price had yet another raise to $5, while Jefferies analysts kept a Hold rating on DSX stock.
The Average True Range (ATR) for Diana Shipping Inc is set at 0.06, with the Price to Sales ratio for DSX stock in the period of the last 12 months amounting to 1.00. The Price to Book ratio for the last quarter was 0.47, with the Price to Cash per share for the same quarter was set at 1.49.
How has DSX stock performed recently?
Diana Shipping Inc [DSX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.63. With this latest performance, DSX shares dropped by 0.00% in over the last four-week period, additionally sinking by -34.63% over the last 6 months – not to mention a drop of -38.54% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DSX stock in for the last two-week period is set at 44.04, with the RSI for the last a single of trading hit 44.50, and the three-weeks RSI is set at 43.09 for Diana Shipping Inc [DSX]. The present Moving Average for the last 50 days of trading for this stock 1.9638, while it was recorded at 1.8520 for the last single week of trading, and 2.5130 for the last 200 days.
Diana Shipping Inc [DSX]: Deeper insight into the fundamentals
Diana Shipping Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.04 and a Current Ratio set at 2.10.
Insider trade positions for Diana Shipping Inc [DSX]
The top three institutional holders of DSX stocks are: HOSKING PARTNERS LLP with ownership of 4.06 million shares, which is approximately 3.6769%. RENAISSANCE TECHNOLOGIES LLC, holding 3.05 million shares of the stock with an approximate value of $$8.71 million in DSX stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$5.19 million in DSX stock with ownership which is approximately 1.6439%.
