Performance Shipping (NASDAQ:PSHG) Trading 1.9% Higher – What’s Next?

Shares of Performance Shipping Inc. (NASDAQ:PSHGGet Free Report) rose 1.9% on Tuesday . The company traded as high as $1.66 and last traded at $1.65. Approximately 38,027 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 72,878 shares. The stock had previously closed at $1.62.

Performance Shipping Trading Up 1.9 %

The company has a debt-to-equity ratio of 0.19, a current ratio of 5.61 and a quick ratio of 5.56. The business has a 50-day moving average price of $1.74 and a two-hundred day moving average price of $1.86. The firm has a market cap of $20.51 million, a PE ratio of 1.10 and a beta of -0.39.

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