Performance Shipping (NASDAQ:PSHG) Shares Up 1.4% – Here’s What Happened

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

Performance Shipping Price Performance

The business has a 50-day moving average of $1.55 and a 200 day moving average of $1.74. The company has a current ratio of 5.61, a quick ratio of 5.56 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $17.53 million, a P/E ratio of 1.26 and a beta of -0.56.

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

Performance Shipping Company Profile

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