Performance Shipping Stock Today

PSHG Stock  USD 1.62  0.07  4.52%   

Performance

Very Weak

 
Weak
 
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Odds Of Distress

Very Small

 
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Performance Shipping is trading at 1.62 as of the 16th of February 2025. This is a 4.52 percent increase since the beginning of the trading day. The stock's lowest day price was 1.56. Performance Shipping has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 18th of November 2024 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain
Transportation
IPO Date
3rd of January 2011
Category
Industrials
Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. The company was incorporated in 2010 and is based in Athens, Greece. Performance Shipping operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. The company has 12.43 M outstanding shares of which 813.27 K shares are at this time shorted by private and institutional investors with about 13.04 trading days to cover. More on Performance Shipping

Moving against Performance Stock

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Performance Stock Highlights

Business ConcentrationMarine Transportation, Marine Shipping, Industrials, NASDAQ Composite, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.33
Notably Up
Slightly volatile
Total Current Liabilities27.6 M17.6 M
Way Up
Very volatile
Non Current Liabilities Total56 M43 M
Significantly Up
Pretty Stable
Total Assets196.3 M266.6 M
Way Down
Pretty Stable
Total Current Assets96.5 M91.9 M
Sufficiently Up
Slightly volatile
Debt Levels
Performance Shipping can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Performance Shipping's financial leverage. It provides some insight into what part of Performance Shipping's total assets is financed by creditors.
Liquidity
Performance Shipping currently holds 54.98 M in liabilities with Debt to Equity (D/E) ratio of 0.52, which is about average as compared to similar companies. Performance Shipping has a current ratio of 1.59, which is within standard range for the sector. Note, when we think about Performance Shipping's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

67.67 Million
Performance Shipping (PSHG) is traded on NASDAQ Exchange in USA. It is located in 373 Syngrou Avenue, Athens, Greece, 175 64 and employs 209 people. Performance Shipping is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.14 M. Performance Shipping conducts business under Marine Transportation sector and is part of Industrials industry. The entity has 12.43 M outstanding shares of which 813.27 K shares are at this time shorted by private and institutional investors with about 13.04 trading days to cover. Performance Shipping currently holds about 13.27 M in cash with 67.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.28.
Check Performance Shipping Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Performance Shipping is $20.14 Million. Performance Shipping holds 8.32 pct. of its outstanding shares held by insiders and 4.74 pct. owned by third-party entities. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Performance Ownership Details

Performance Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp
101.7 K
Citadel Advisors Llc2024-09-30
61 K
Cable Car Capital Llc2024-09-30
53 K
Ubs Group Ag2024-09-30
19.7 K
Lpl Financial Corp2024-09-30
11 K
Morgan Stanley - Brokerage Accounts
K
Privium Fund Management (uk) Ltd2024-09-30
0.0
View Performance Shipping Diagnostics

Performance Shipping Historical Income Statement

At this time, Performance Shipping's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Performance Shipping's current Operating Income is estimated to increase to about 91.2 M, while Interest Expense is projected to decrease to roughly 5.8 M. View More Fundamentals

Performance Stock Against Markets

Performance Shipping Corporate Management

When determining whether Performance Shipping is a strong investment it is important to analyze Performance Shipping's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Performance Shipping's future performance. For an informed investment choice regarding Performance Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Performance Shipping. If investors know Performance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Performance Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.179
Earnings Share
1.53
Revenue Per Share
7.294
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0833
The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.