Performance Shipping (NASDAQ:PSHG) Trading Up 1.4% – Time to Buy?

Performance Shipping Inc. (NASDAQ:PSHGGet Free Report)’s share price shot up 1.4% during mid-day trading on Thursday . The stock traded as high as $1.55 and last traded at $1.43. 62,425 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 65,508 shares. The stock had previously closed at $1.41.

Performance Shipping Trading Down 1.4 %

The company has a debt-to-equity ratio of 0.19, a quick ratio of 5.56 and a current ratio of 5.61. The firm has a market cap of $17.53 million, a P/E ratio of 1.26 and a beta of -0.56. The business’s fifty day moving average is $1.55 and its 200-day moving average is $1.74.

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

Performance Shipping Company Profile

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