Page 2 - Performance Shipping News Today

Performance Shipping has signed two contracts for the construction of two 114,000 dwt LNG-ready LR2 Aframax product/crude oil tankers.

Shares of Performance Shipping Inc. (PSHG) are up 6% on Thursday following an announcement that the company has entered into a time charter contract with Marathon Maritime Company, wholly owned by Marathon Petroleum Corporation.

When economies are set to boom, undervalued penny stocks typically lead the way when it comes to equity rallies.

Performance Shipping (NASDAQ:PSHG – Get Free Report) released its quarterly earnings results on Monday. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01), MarketWatch Earnings reports. The business had revenue of $24.11 million during the quarter. Performance Shipping had a return on equity of 37.89% and […]

Performance Shipping, owned by the Paleos family, is considering an opening in the market for dry bulk carriers.

Performance Shipping Inc. (NASDAQ:PSHG – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,200,000 shares, a decline of 20.5% from the October 15th total of 1,510,000 shares. Based on an average daily volume of 568,700 shares, […]

/PRNewswire/ -- Sphinx Investment Corp. ("Sphinx") today announced that it has extended the expiration date of its previously announced offer to purchase all...

PSHG | Complete Performance Shipping Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Investors have been burned for years by dilutive share offerings by micro-cap shipowners. Backlash is building. The post Tide turning against ‘hyper-dilutive’ shipping stock sales appeared first on FreightWaves.

Performance Shipping Inc. (NASDAQ:PSHG – Get Free Report) shares were up 2.4% on Monday . The company traded as high as $2.21 and last traded at $2.14. Approximately 243,693 shares were traded during trading, a decline of 41% from the average daily volume of 413,313 shares. The stock had previously closed at $2.09. Analyst Upgrades […]