DryShips, Inc. (NASDAQ:DRYS) jumped 34.21 percent and ended the day at $5.61. The Average Volume of the company is 20.9 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 0.
Imperial Capital Upgrade its coverage for DryShips, Inc. (NASDAQ:DRYS) in a note sent to investors on 28-Oct-14. The research firm Upgrade the stock to Outperform. Moreover, Imperial Capital issued Downgrade rating for the stock on 13-Oct-14. Clarkson Capital also Initiated the company to Hold on 18-Sep-14, 2016. Additionally, Deutsche Bank Initiated its ratings on the stock to Buy.
The highest price DRYS stock touched in the last 12 month was $2227.2 and the lowest price it hit in the same period was $1.97. The stock has a Return on Assets of -210.9 percent, Return on Investment of -271.1 percent and a Return on Equity of 0 percent. The company’s market cap is $203.38 Million.
Price Target is an important factor while doing analysis of a stock. According to 1 analysts, Price Target for DryShips, Inc. (NASDAQ:DRYS) may hit a high of $8.75. The average and low price target for the stock are $4200 and $8.75, respectively.
Now we look at the Moving Averages, the 200-day is -98.15, the 50-day is -78.02 and the 20-day is -41.99. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
DryShips, Inc. (NASDAQ:DRYS) performance during the last one year Degraded -99.61 percent, while its year to date (YTD) performance showed a Negative trend of -81 percent. The stock Fell -97.15 percent over the past six months. The stock’s quarterly performance indicates a Negative momentum of -85.08 percent, whereas its last one month trend is Pessimistic with -77.45 percent. Its weekly performance showed a upward trend of 128.05 percent.
Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 0 percent, operating profit margin was 0 percent, whereas gross profit margin stands at -2.3 percent. Beta factor was calculated at 2.7.
DryShips, Inc. (NASDAQ:DRYS) has 13.49 Million shares outstanding and 13.48 Million shares were floated in market. The short ratio in the company’s stock is documented at 0.23 and the short float is around of 36.18%. The stock’s average true range of stands at 2, while the relative strength index is 29.95.
Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 0.6, current ratio was 0.6, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio was 15.4.