DryShips (DRYS) Raised to Hold at BidaskClub
BidaskClub upgraded shares of DryShips (NASDAQ:DRYS) from a sell rating to a hold rating in a research note issued to investors on Thursday.
Separately, ValuEngine raised DryShips from a sell rating to a hold rating in a research report on Wednesday, December 6th.
Shares of DryShips (DRYS) traded down $0.06 during trading hours on Thursday, reaching $3.82. The company’s stock had a trading volume of 1,885,400 shares, compared to its average volume of 1,911,300. DryShips has a fifty-two week low of $0.98 and a fifty-two week high of $25,480.00. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $398.33, a price-to-earnings ratio of 0.00 and a beta of 2.19.
DryShips Company Profile
DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.
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