In last trading session, Performance Shipping Inc. (NASDAQ:PSHG) saw 1,269,994 shares changing hands with its beta currently measuring 1.28. Company’s recent per share price level of $0.54 trading at -$0.02 or -3.63% at ring of the bell on the day assigns it a market valuation of $27.07 Million. That closing price of PSHG’s stock is at a discount of -105.56% from its 52-week high price of $1.11 and is indicating a premium of 31.48% from its 52-week low price of $0.37. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.8 Million shares which gives us an average trading volume of 857.3 Million if we extend that period to 3-months.
For Performance Shipping Inc. (PSHG), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 0. Splitting up the data highlights that, out of 1 analysts covering the stock, 1 rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Performance Shipping Inc. (NASDAQ:PSHG) trade information
In the face of being in the red today for losing -3.63%, in the last five days PSHG remained trading in the green while hitting it’s week-highest on Monday, Oct 12 when the stock touched $0.88 price level, adding 38.67% to its value on the day. Performance Shipping Inc.’s shares saw a change of -35.81% in year-to-date performance and have moved -10.05% in past 5-day. Performance Shipping Inc. (NASDAQ:PSHG) showed a performance of -10.42% in past 30-days. Number of shares sold short was 15.5 Million shares which calculate 0.02 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $49392 to the stock, which implies a rise of 9146567% to its current value. Analysts have been projecting $49392 as a low price target for the stock while placing it at a high target of $49392. It follows that stock’s current price would jump +9146567% in reaching the projected high whereas dropping to the targeted low would mean a loss of 9146567% for stock’s current value.
Performance Shipping Inc. (PSHG) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -14.9% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 80% while estimates for its earnings growth in next 5 years are of 10%