Diana Shipping (NYSE:DSX) Releases Earnings Results

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

Diana Shipping Price Performance

Shares of DSX opened at $1.83 on Tuesday. The firm has a fifty day simple moving average of $1.86 and a two-hundred day simple moving average of $2.13. The firm has a market cap of $229.53 million, a PE ratio of 60.89 and a beta of 1.05. The company has a current ratio of 2.10, a quick ratio of 2.04 and a debt-to-equity ratio of 1.27. Diana Shipping has a 1-year low of $1.73 and a 1-year high of $3.22.

Analyst Ratings Changes

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

About Diana Shipping

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.