Performance Shipping Inc. (NASDAQ:PSHG – Get Free Report) shot up 2.5% during trading on Monday . The company traded as high as $1.91 and last traded at $1.87. 103,052 shares were traded during mid-day trading, an increase of 39% from the average session volume of 74,317 shares. The stock had previously closed at $1.83.
Performance Shipping Price Performance
The business’s 50-day moving average is $1.86 and its two-hundred day moving average is $1.95. The company has a quick ratio of 5.56, a current ratio of 5.61 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $23.12 million, a P/E ratio of 1.24 and a beta of -0.36.
Institutional Trading of Performance Shipping
A hedge fund recently bought a new stake in Performance Shipping stock. Privium Fund Management UK Ltd purchased a new stake in shares of Performance Shipping Inc. (NASDAQ:PSHG – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 as of its most recent SEC filing. 19.90% of the stock is currently owned by institutional investors.
Performance Shipping Company Profile
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