Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $8.00 on Diana Containerships Inc. (NASDAQ:DCIX) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $-3.06 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Diana Containerships Inc. (NASDAQ:DCIX) stands at N/A.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Diana Containerships Inc., the PEG ratio for coming 3-5 years is -0.13.
The technical analysis highlights that Diana Containerships Inc. current is trading $-0.07 points away or -1.90% from its 50-day moving average of $3.87. Further it is trading $-0.72 or -15.95% away its 200-day moving average of $4.52.
The 52-week high of Diana Containerships Inc. (NASDAQ:DCIX) was $14.16 while lowest point recorded in 52-week was $2.48. It implies if stock price makes a movement of over $-10.36, it will record a new 52-week high. In the case of +53.23% drop, it will touch a new 52-week low.
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