While the company's share hit the 52 week high on 11/16/16 stationing the value of $183.19.
Diana Containerships Inc. has a 50 day moving average of 0.40 and a 200 day moving average of 1.67. The 50 day moving average was up $0.08 and the 200 day average moved down $-1.19.
Traders are feeling more bullish on Diana Containerships Inc. lately if you pay attention to the motion in short interest. The stock had a fall in short interest between June 15, 2017 and May 31, 2017 of -1.55%. The short-interest ratio decreased to 3.7 and the percentage of shorted shares is 1.00% as of May 31. The day's total volume of 1060369 this morning is in contrast from the three-month daily average of 127.68K.
At the end of March 2017 reporting period, 11 institutional holders increased their position in Diana Containerships Inc. The Company, through its subsidiaries, is involved in the ownership of containerships. As of December 31, 2016, the Company's fleet consisted of six panamax and six post-panamax containerships with a combined carrying capacity of 61,517 twenty-foot equivalent unit (TEU). As of quarter end 12 West Capital Management Lp had sold 17,217,085 shares trimming its stake by 87.5%. 12 West Capital Management Lp now owns 2,459,581 shares with a value of $8,707,000. The value of the total investment in Diana Containerships Inc. decreased from $2,000 to $2,000 decreasing 0.0% quarter over quarter. Royal Bank Of Canada claims 489 shares with a value of $0. The total value of its holdings decreased 0.0%. Wells Fargo & Company/mn now holds 2,948 shares worth $2,000. The value of the position overall is down by 23.7%. (DCIX) are stable and safe compared to the lower market capitalization companies. Barclays downgraded the stock and lowered the price target on June 11 changing the price objective from $3.00 to $2.00 and setting the rating at "Underweight" which had previously been "Equal-weight".
Beta is also an important valuation ratio for analyzing the stock of the company, DCIX has Beta of 2.36 while its industry and Sector's beta remains at 1.17 and 0.94 respectively. Closing price generally refers to the last price at which a stock trades during a regular trading session.
On May 14 Jefferies kept the company rating at "Buy" and moved down the price target from $5.00 to $4.00. The latest reports which are outstanding on Sunday 16th of July state 0 analysts have a rating of "strong buy", 0 analysts "buy", 0 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell". The analysts estimated EPS for the higher end at -5.53 and lower end at -5.53 while the year ago reported earnings per share was -2.24.