DryShips (DRYS) Trading 5.1% Higher
Shares of DryShips Inc. (NASDAQ:DRYS) traded up 5.1% on Tuesday . The stock traded as high as $3.72 and last traded at $3.71. 1,139,182 shares were traded during mid-day trading, a decline of 70% from the average session volume of 3,760,783 shares. The stock had previously closed at $3.53.
Several analysts recently weighed in on the stock. BidaskClub upgraded shares of DryShips from a “sell” rating to a “hold” rating in a report on Thursday. ValuEngine upgraded shares of DryShips from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th.
The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.01 and a current ratio of 4.01. The company has a market cap of $396.21, a price-to-earnings ratio of 0.00 and a beta of 2.19.
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DryShips Company Profile
DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.
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