Shares of Diana Shipping inc. (NYSE:DSX) traded at a new 52-week high today of $5.69. Approximately 461,000 shares have changed hands today, as compared to an average 30-day volume of 921,000 shares.
Diana Shipping inc. (NYSE:DSX) has potential upside of 477.6% based on a current price of $5.66 and analysts’ consensus price target of $32.68.
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels.
Over the past year, Diana Shipping inc. has traded in a range of $1.30 to $5.69 and is now at $5.66, 335% above that low.
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