Diana Shipping (NYSE:DSX) Stock Rating Upgraded by StockNews.com

Diana Shipping (NYSE:DSX) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Tuesday.

Diana Shipping Stock Performance

NYSE DSX opened at $1.75 on Tuesday. The firm’s fifty day moving average price is $2.30 and its two-hundred day moving average price is $2.58. The stock has a market cap of $218.39 million, a PE ratio of 58.19 and a beta of 1.16. Diana Shipping has a fifty-two week low of $1.73 and a fifty-two week high of $3.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.04 and a current ratio of 2.10.

Institutional Trading of Diana Shipping

Several institutional investors have recently modified their holdings of DSX. Scott & Selber Inc. bought a new stake in shares of Diana Shipping in the second quarter worth $30,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of Diana Shipping in the second quarter worth $38,000. Choreo LLC bought a new stake in shares of Diana Shipping in the second quarter worth $38,000. Sheaff Brock Investment Advisors LLC bought a new stake in shares of Diana Shipping in the third quarter worth $39,000. Finally, Bright Futures Wealth Management LLC. bought a new stake in shares of Diana Shipping in the first quarter worth $53,000. Institutional investors own 48.68% of the company’s stock.

Diana Shipping Company Profile

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.