Diamond S Shipping Inc (NYSE:DSSI) CEO Craig H. Stevenson, Jr. Purchases 20,231 Shares

Share on StockTwits

Diamond S Shipping Inc (NYSE:DSSI) CEO Craig H. Stevenson, Jr. purchased 20,231 shares of Diamond S Shipping stock in a transaction dated Tuesday, June 11th. The stock was bought at an average cost of $11.69 per share, with a total value of $236,500.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NYSE DSSI opened at $11.34 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.07 and a quick ratio of 0.86. Diamond S Shipping Inc has a 52-week low of $9.60 and a 52-week high of $14.26.

Diamond S Shipping (NYSE:DSSI) last posted its quarterly earnings results on Tuesday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The firm had revenue of $102.66 million for the quarter, compared to analyst estimates of $144.85 million. As a group, analysts predict that Diamond S Shipping Inc will post 0.34 EPS for the current fiscal year.

DSSI has been the subject of a number of research analyst reports. Stifel Nicolaus initiated coverage on shares of Diamond S Shipping in a research report on Tuesday, June 4th. They issued a “buy” rating and a $18.00 price target for the company. Clarkson Capital initiated coverage on shares of Diamond S Shipping in a research report on Tuesday, April 9th. They issued a “buy” rating and a $25.00 price target for the company. Finally, B. Riley initiated coverage on shares of Diamond S Shipping in a research report on Thursday, April 4th. They issued a “buy” rating and a $16.00 price target for the company.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN bought a new position in Diamond S Shipping during the first quarter valued at approximately $84,000. Inscription Capital LLC bought a new position in Diamond S Shipping during the first quarter valued at approximately $109,000. Renaissance Technologies LLC bought a new position in Diamond S Shipping during the first quarter valued at approximately $115,000. Arrow Investment Advisors LLC bought a new position in Diamond S Shipping during the first quarter valued at approximately $235,000. Finally, Bramshill Investments LLC bought a new position in Diamond S Shipping during the first quarter valued at approximately $244,000. 56.46% of the stock is owned by institutional investors and hedge funds.

WARNING: “Diamond S Shipping Inc (NYSE:DSSI) CEO Craig H. Stevenson, Jr. Purchases 20,231 Shares” was first reported by Equities Focus and is the property of of Equities Focus. If you are reading this article on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this article can be viewed at https://www.equitiesfocus.com/2019/06/14/diamond-s-shipping-inc-nysedssi-ceo-craig-h-stevenson-jr-purchases-20231-shares.html.

About Diamond S Shipping

Diamond S Shipping Inc operates as a shipping company. The company operates through two segments, Crude Tankers and Product Tankers. It provides seaborne transportation of crude oil, refined petroleum, and other production. As of March 28, 2019, it owned and operated a fleet of 68 vessels, including 15 Suezmax vessels, 1 Aframax, and 52 medium-range product tankers.

Recommended Story: Commodities

Receive News & Ratings for Diamond S Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diamond S Shipping and related companies with MarketBeat.com's FREE daily email newsletter.