Performance Shipping (NASDAQ:PSHG) Stock Price Down 1% – Here’s What Happened

Shares of Performance Shipping Inc. (NASDAQ:PSHGGet Free Report) fell 1% during mid-day trading on Thursday . The company traded as low as $1.55 and last traded at $1.56. 9,206 shares were traded during mid-day trading, a decline of 87% from the average session volume of 68,523 shares. The stock had previously closed at $1.58.

Performance Shipping Trading Down 0.6 %

The company has a debt-to-equity ratio of 0.19, a current ratio of 5.61 and a quick ratio of 5.56. The firm’s 50 day moving average price is $1.64 and its 200 day moving average price is $1.79. The stock has a market capitalization of $19.27 million, a P/E ratio of 1.38 and a beta of -0.59.

Performance Shipping (NASDAQ:PSHGGet Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.25 EPS for the quarter. The business had revenue of $19.82 million during the quarter. Performance Shipping had a return on equity of 16.99% and a net margin of 49.49%.

Performance Shipping Company Profile

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