Performance Shipping Inc. (NASDAQ:PSHG – Get Free Report)’s share price was up 2.5% during trading on Monday . The company traded as high as $1.91 and last traded at $1.87. Approximately 103,052 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 74,317 shares. The stock had previously closed at $1.83.
Performance Shipping Stock Up 2.5 %
The company has a current ratio of 5.61, a quick ratio of 5.56 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $23.25 million, a price-to-earnings ratio of 1.25 and a beta of -0.36. The firm has a 50 day moving average price of $1.87 and a two-hundred day moving average price of $1.95.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Performance Shipping stock. Privium Fund Management UK Ltd bought a new stake in shares of Performance Shipping Inc. (NASDAQ:PSHG – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 30,395 shares of the company’s stock, valued at approximately $64,000. Privium Fund Management UK Ltd owned approximately 0.24% of Performance Shipping at the end of the most recent quarter. 19.90% of the stock is owned by hedge funds and other institutional investors.
About Performance Shipping
Further Reading
- Five stocks we like better than Performance Shipping
- What is an Earnings Surprise?
- 3 Must-Hold Stocks with Double-Digit Upside for 2025
- Golden Cross Stocks: Pattern, Examples and Charts
- Micron: Why Now Is the Time to Be Brave
- When to Sell a Stock for Profit or Loss
- 3 Stocks That Wall Street Insiders Can’t Stop Buying
Receive News & Ratings for Performance Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Performance Shipping and related companies with MarketBeat.com's FREE daily email newsletter.
