Diana Shipping (NYSE:DSX) Releases Quarterly Earnings Results

Diana Shipping (NYSE:DSX) released its quarterly earnings results on Tuesday. The shipping company reported $0.02 EPS for the quarter, Zacks reports. Diana Shipping had a net margin of 5.36% and a return on equity of 4.42%.

Diana Shipping Stock Performance

Diana Shipping stock traded up $0.03 during mid-day trading on Tuesday, hitting $1.83. 73,760 shares of the company’s stock traded hands, compared to its average volume of 324,812. Diana Shipping has a one year low of $1.73 and a one year high of $3.22. The company has a market cap of $228.40 million, a PE ratio of 61.19 and a beta of 1.05. The firm has a 50 day moving average price of $1.86 and a 200 day moving average price of $2.13. The company has a quick ratio of 2.04, a current ratio of 2.10 and a debt-to-equity ratio of 1.27.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Diana Shipping from a “sell” rating to a “hold” rating in a research report on Tuesday, November 26th.

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.