Diamond S Shipping (DSSI) Issues Earnings Results
Diamond S Shipping (NYSE:DSSI) released its quarterly earnings data on Tuesday. The company reported ($0.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01), MarketWatch Earnings reports. The business had revenue of $102.66 million for the quarter, compared to analysts’ expectations of $144.85 million.
Shares of Diamond S Shipping stock traded down $0.09 during trading on Wednesday, reaching $13.38. The company’s stock had a trading volume of 66 shares, compared to its average volume of 121,942. Diamond S Shipping has a 52 week low of $9.60 and a 52 week high of $14.26.
A number of equities analysts have commented on the stock. Clarkson Capital assumed coverage on shares of Diamond S Shipping in a research report on Tuesday, April 9th. They set a “buy” rating and a $25.00 price objective for the company. B. Riley assumed coverage on shares of Diamond S Shipping in a research report on Thursday, April 4th. They set a “buy” rating and a $16.00 price objective for the company.
Diamond S Shipping Inc operates as a shipping company. The company operates through two segments, Crude Tankers and Product Tankers. It provides seaborne transportation of crude oil, refined petroleum, and other production. As of March 28, 2019, it owned and operated a fleet of 68 vessels, including 15 Suezmax vessels, 1 Aframax, and 52 medium-range product tankers.
Further Reading: Oversold
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