The stock of Diana Containerships Inc (NASDAQ:DCIX) hit a new 52-week high and has $20.89 target or 64.00% above today’s $12.74 share price. The 8 months bullish chart indicates low risk for the $303.85M company. The 1-year high was reported on Nov, 16 by Barchart.com. If the $20.89 price target is reached, the company will be worth $194.46M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 3.08 million shares traded hands or 1465.68% up from the average. Diana Containerships Inc (NASDAQ:DCIX) has risen 19.92% since April 14, 2016 and is uptrending. It has outperformed by 15.24% the S&P500.
Diana Containerships Inc (NASDAQ:DCIX) Ratings Coverage
Out of 2 analysts covering Diana Containerships (NASDAQ:DCIX), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Diana Containerships has been the topic of 2 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The stock has “Underperform” rating given by Wells Fargo on Friday, November 20. The stock of Diana Containerships Inc (NASDAQ:DCIX) earned “Hold” rating by Zacks on Thursday, September 17.
According to Zacks Investment Research, “Diana Containerships Inc. is primarily focused on the worldwide transportation of container cargoes and owns and operates two 3,426 TEU containerships. It plans to engage in the seaborne transportation of finished consumer and industrial products.”
More important recent Diana Containerships Inc (NASDAQ:DCIX) news were published by: Globenewswire.com which released: “Diana Containerships Inc. Announces Amendment to Loan Agreements” on September 14, 2016, also Marketwatch.com published article titled: “/quotes/zigman/3870025/realtime”, Globenewswire.com published: “Diana Containerships Inc. Announces the Delivery of a Post-Panamax Container …” on November 16, 2015. More interesting news about Diana Containerships Inc (NASDAQ:DCIX) was released by: Nasdaq.com and their article: “Diana Containerships Inc. Announces the Date for the 2016 Third Quarter …” with publication date: October 25, 2016.
DCIX Company Profile
Diana Containerships Inc., incorporated on January 7, 2010, is engaged in the business of ownership of containerships. The Firm is engaged in the seaborne transportation industry through the ownership of containerships and operates its fleet through Unitized Ocean Transport Limited (UOT), a subsidiary of the Company. UOT provides the Company and its vessels with management and administrative services.
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