News Content
Diana Containerships shares downgraded by Zacks to 'hold'
ZACKS Investment Research has downgraded the shares of Diana Containerships Inc from "buy" to "hold", after news of disappointing quarterly results came in.
The firm's market capitalisation is US$5.01 million. Diana Containerships has a 12-month low of $0.52 and a 12-month high of $26.17.
The firm's 50-day moving average price is $1.65 and its 200-day moving average price is $2.69, reported Chicago's TranscriptDaily.
The shipping company recorded a negative net margin of 448.92 per cent and a negative return on equity of 14.92 per cent. The company earned $5.4 million during the quarter on 63.8 per cent lower revenue.
In its report Zacks described Diana Containerships as being "primarily focused on the worldwide transportation of container cargoes and owns and operates two 3,426-TEU ships. It plans to engage in the seaborne transport of finished consumer and industrial products."
The firm's market capitalisation is US$5.01 million. Diana Containerships has a 12-month low of $0.52 and a 12-month high of $26.17.
The firm's 50-day moving average price is $1.65 and its 200-day moving average price is $2.69, reported Chicago's TranscriptDaily.
The shipping company recorded a negative net margin of 448.92 per cent and a negative return on equity of 14.92 per cent. The company earned $5.4 million during the quarter on 63.8 per cent lower revenue.
In its report Zacks described Diana Containerships as being "primarily focused on the worldwide transportation of container cargoes and owns and operates two 3,426-TEU ships. It plans to engage in the seaborne transport of finished consumer and industrial products."
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
