Diana Downgraded by Pareto Securities

Diana-Shipping-Panamax

Diana Shipping (NYSE:DSX) was downgraded by equities researchers at Pareto Securities from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

Diana Shipping opened at $4.50 on Wednesday. The company has a market capitalization of $465.78, a P/E ratio of -2.37 and a beta of 1.64. Diana Shipping has a 52 week low of $3.45 and a 52 week high of $6.20.

Diana Shipping Inc is a holding company. The Company is a provider of shipping transportation services. The Company specializes in the ownership of dry bulk vessels. As of February 16, 2017, the Company’s operating fleet consisted of 48 dry bulk carriers, of which 23 were Panamax, four were Kamsarmax, three were Post-Panamax, 14 were Capesize and four were Newcastlemax vessels, having a combined carrying capacity of approximately 5.7 million deadweight tonnage (dwt).

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