Breaking: Diana Shipping Inc. Stock Is Rising Now

Breaking: Diana Shipping Inc. Stock Is Rising Now

The stock of Diana Shipping Inc. (NYSE:DSX) is a huge mover today! About 1.09M shares traded hands or 165.79% up from the average. Diana Shipping Inc. (NYSE:DSX) has risen 17.43% since April 13, 2016 and is uptrending. It has outperformed by 13.51% the S&P500.
The move comes after 5 months positive chart setup for the $330.09M company. It was reported on Nov, 15 by Barchart.com. We have $7.39 PT which if reached, will make NYSE:DSX worth $310.28M more.

Diana Shipping Inc. (NYSE:DSX) Ratings Coverage

Out of 10 analysts covering Diana Shipping (NYSE:DSX), 0 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 0 are positive. Diana Shipping has been the topic of 15 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Jefferies downgraded Diana Shipping Inc. (NYSE:DSX) on Friday, October 23 to “Hold” rating. The rating was downgraded by Wells Fargo on Friday, November 20 to “Market Perform”. The rating was downgraded by Barclays Capital to “Underweight” on Monday, January 11. Clarkson Capital downgraded the shares of DSX in a report on Tuesday, February 9 to “Neutral” rating. Deutsche Bank downgraded Diana Shipping Inc. (NYSE:DSX) rating on Wednesday, November 18. Deutsche Bank has “Hold” rating and $4 price target. JP Morgan initiated the stock with “Neutral” rating in Thursday, October 15 report. The firm earned “Sell” rating on Monday, July 27 by Evercore. The rating was upgraded by ABN Amro to “Sell” on Thursday, April 21. The stock of Diana Shipping Inc. (NYSE:DSX) earned “Hold” rating by Deutsche Bank on Friday, August 26. The stock has “Hold” rating given by Jefferies on Wednesday, July 27.

According to Zacks Investment Research, “Diana Shipping Inc. is a global provider of shipping transportation services. They specialize in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.”

More recent Diana Shipping Inc. (NYSE:DSX) news were published by: Hellenicshippingnews.com which released: “Diana Shipping Inc. Receives Consensus Rating of “Hold” from Analysts” on November 15, 2016. Also Fool.com published the news titled: “Better Buy: Seaspan Corporation vs. Diana Shipping Inc.” on May 25, 2016. Hellenicshippingnews.com‘s news article titled: “Jefferies Group Brokers Boost Earnings Estimates for Diana Shipping inc.” with publication date: October 27, 2016 was also an interesting one.

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