Dryships Inc (NASDAQ:DRYS) shares traded -8.21% down during most recent session to reach at the closing price of $1.79. The stock exchanged hands 9.52 Million shares versus average trading capacity of 2.6 Million shares, yielding a market cap of $26.65 Million. Wall Street analysts covering the stock are projecting that the stock will reach $117600 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Dryships Inc (NASDAQ:DRYS) high price target of $8.75 and with a conservative view have low price target of $8.75.
ABN Amro “Initiates Coverage on” Dryships Inc (NASDAQ:DRYS) in a research note issued to investors on 3/24/15 to Sell with price target of $0.75.
Additionally on 2/05/15 Nordea “Downgrades” Dryships Inc (NASDAQ:DRYS) to Sell setting price target at $1 and on 10/28/14 Imperial Capital “Upgrades” the stock to Outperform at $1.9. Furthermore on 10/13/14 Imperial Capital “Downgrades” the stock to Underperform at $1.4.
On the other hand the company has Relative Strength Index (RSI 14) of 22.14 along with Average True Range (ATR 14) of 0.53, Consequently Dryships Inc (NASDAQ:DRYS)’s weekly and monthly volatility is 15.99%, 14.69% respectively. The company’s beta value is at 2.33.
In terms of Buy, Sell or Hold recommendations, Dryships Inc (NASDAQ:DRYS) has analysts’ mean recommendation of 3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Currently Dryships Inc (NASDAQ:DRYS)’s shares owned by insiders are 0%, whereas shares owned by institutional owners are 0.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 374.2%.
Dryships Inc (NASDAQ:DRYS) 52-week high price stands at $22848.00 and low price stands at $1.76, its price distance from 52-week high is -99.99% while its distance from 52-week low price is 1.7%. The stock hit its 52-week high on 11/15/16, and 52-week low on 06/14/17.
Dryships Inc (NASDAQ:DRYS)’s trailing twelve month revenues are $51.9 Million, whereas its price to sales ratio for the same period is 0.51. Its book value per share for the most recent quarter is $181.63 while its price to book ratio for the same period is 0.01, as for as the company’s cash per share for the most recent quarter is $26.72, however its price to cash per share ratio for the same period is 0.07. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.