Diana Containerships Inc. (DCIX) Trading Up 5.4%
Diana Containerships Inc. (NASDAQ:DCIX) was up 5.4% during mid-day trading on Thursday . The stock traded as high as $4.10 and last traded at $3.88, with a volume of 86,526 shares changing hands. The stock had previously closed at $3.68.
Several equities research analysts have issued reports on DCIX shares. Wells Fargo & Co. reaffirmed a “sell” rating on shares of Diana Containerships in a report on Wednesday, May 18th. Jefferies Group reaffirmed a “buy” rating on shares of Diana Containerships in a report on Wednesday, May 18th. Finally, Zacks Investment Research downgraded Diana Containerships from a “hold” rating to a “strong sell” rating in a report on Friday, May 20th.
The firm’s market capitalization is $35.85 million. The stock’s 50 day moving average is $4.30 and its 200 day moving average is $4.80.
Diana Containerships (NASDAQ:DCIX) last issued its earnings results on Tuesday, May 17th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.06. The firm earned $11.80 million during the quarter, compared to the consensus estimate of $14.36 million. During the same quarter last year, the firm earned ($0.01) earnings per share. The firm’s revenue for the quarter was down 15.1% compared to the same quarter last year. On average, analysts expect that Diana Containerships Inc. will post ($2.36) earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st were given a dividend of $0.0025 per share. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date was Thursday, May 26th.
Diana Containerships Inc is a global provider of shipping transportation services through its ownership of containerships. The Company’s vessels are employed primarily on time charters with liner companies that are carrying containerized cargo along shipping routes. Each of the Company’s vessels is owned by its separate wholly owned subsidiaries.
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