Stock To Watch: DryShips Inc. (NASDAQ:DRYS)


The leading market experts have placed a mean price target of $8.75 on DryShips Inc. (NASDAQ:DRYS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.00 a share for the upcoming quarter and $0.07 for the current fiscal. Technical View The technical analysis of DryShips Inc. plainly substantiates that the 50-day moving average of DryShips Inc. is $0.60, and stock is hovering -0.26 or -43.09% distant from $0.60. It is noted that the 200-day MA is $2.09, and DryShips Inc. stock is $-1.75 or -83.77% off from this point. DryShips Inc. (NASDAQ:DRYS) 52-week high is $14.25 and the 52-week low is $0.32. This explains if the stock moves $-13.91, it will post a 52-week high. In event of $+6.25% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of DryShips Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, DryShips Inc. (NASDAQ:DRYS) ratio came in at N/A. The stock last ended the trading session at $0.34 and registered a market cap of $9.14M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. DryShips Inc. (NASDAQ:DRYS) PEG ratio is at 0.00.

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