Performance Shipping Inc. (NASDAQ: PSHG) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Performance Shipping Inc. (PSHG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0020, or -0.83%, to $0.2395. Volume reached 113,971 shares, with price reaching a high of $0.2415 and a low of $0.21. Yahoo Finance discussed the stock recently as it posted Performance Shipping Inc. Announces Acceptance of a Signed Commitment Letter From Alpha Bank A.E..


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Stocks Info

Performance Shipping Inc. is listed on the NASDAQ in the Industrials sector while operating in the Marine Shipping industry. At the end of the last regular session, the stock closed at $0.24 and fluctuated between $0.2528 as its day high and $0.2310 as its day low. The current market capitalization of Performance Shipping Inc. is $6.96M. A total of 1.56 million shares were traded on the day, compared to an average of 6.38M shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PSHG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. PSHG’s most recent ex-dividend date was 10/29/2020 when it declared a $0.01 quarterly dividend that was paid in cash on 11/09/2020. Previously, the company paid the dividend on 06/15/2016 with an ex-dividend date of 05/26/2016. The dividend was $0.0025 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PSHG in the last 3 months, the mean price target is $6.00 with high estimates of $6.00 and low estimates of $6.00. In terms of 52-week highs and lows, PSHG has a high of $6.10 and a low of $0.22.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PSHG is Buy with a score of 0.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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