Diana Shipping Inc (DSX) shows promising results

While Diana Shipping Inc has overperformed by 0.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DSX fell by -12.91%, with highs and lows ranging from $4.64 to $2.82, whereas the simple moving average fell by -10.85% in the last 200 days.

On September 26, 2022, Jefferies Downgraded Diana Shipping Inc (NYSE: DSX) to Hold.

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Analysis of Diana Shipping Inc (DSX)

A return on investment can be expected regardless of DSX’s performance over the next quarter with the dividend set at $0.57 per share. Further, the quarter-over-quarter decrease in sales is -15.92%, showing a negative trend in the upcoming months.

To gain a thorough understanding of Diana Shipping Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 14.46% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.03, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

It is also very valuable to look at average volume as an indicator of volatility for a stock, and DSX is recording an average volume of 740.24K. On a monthly basis, the volatility of the stock is set at 2.93%, whereas on a weekly basis, it is put at 2.47%, with a gain of 1.00% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.42, showing growth from the present price of $3.04, which can serve as yet another indication of whether DSX is worth investing in or should be passed over.

How Do You Analyze Diana Shipping Inc Shares?

A leading company in the Marine Shipping sector, Diana Shipping Inc (DSX) is based in the Greece. When comparing Diana Shipping Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 4.82, there is a growth in quarterly earnings of -84.26%.

The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 27.82%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 9.44% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in DSX shares?

The recent increase in stakes in DSX appears to be a result of several institutional investors and hedge funds increasing their positions. Hosking Partners LLP’s position in DSX has increased by 19.28% in the first quarter. The company now owns 5,018,587 shares of the stock, with a value of $14.91 million, following the purchase of 811,312 additional shares during the last quarter. Renaissance Technologies LLC made another increased to its shares in DSX during the first quarter, upping its stake by 6.79%. During the last quarter, the company picked up 114,600 additional shares for a total stake of worth $5.35 million, bringing number of shares owned by the company to 1,802,519.

During the first quarter, Morgan Stanley Smith Barney LLC added a 64,848 position in DSX. Lesa Sroufe & Co., Inc. sold an additional 10275.0 shares in the last quarter, decreasing its holdings by -1.58%, now holding 0.64 million shares worth $1.9 million. At the end of the first quarter, Stifel Nicolaus & Co., Inc. decreased its DSX holdings by -34.28% and now holds 0.48 million DSX shares valued at $1.42 million with the lessened -0.25 million shares during the period. DSX shares are owned by institutional investors to the tune of 9.44% at present.

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