Shares of Performance Shipping Inc (NASDAQ:DCIX) rose 9.8% during trading on Monday . The stock traded as high as $0.95 and last traded at $0.90, approximately 609,378 shares changed hands during mid-day trading. An increase of 14% from the average daily volume of 535,275 shares. The stock had previously closed at $0.82.
The company’s 50-day simple moving average is $0.94 and its 200 day simple moving average is $0.99.
Performance Shipping (NASDAQ:DCIX) last released its quarterly earnings data on Monday, July 29th. The shipping company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $4.55 million for the quarter. Performance Shipping had a negative return on equity of 6.01% and a negative net margin of 39.38%.
About Performance Shipping (NASDAQ:DCIX)
Performance Shipping Inc, through its subsidiaries, provides shipping transportation services through its ownership of containerships worldwide. As of March 26, 2019, it owned and operated two post-Panamax and two Panamax container vessels. The company was founded in 2010 and is based in Athens, Greece.
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