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A statement released earlier today by Zacks Investment Research about Diana Shipping Inc. (NYSE:DSX) bumps the target price to $4.00

Boasting a price of $3.68, Diana Shipping Inc. (NYSE:DSX) traded 3.02% higher on the day. With the last close down -0.57% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Diana Shipping Inc. has recorded a 50-day average of $3.99 and a two hundred day average of $4.11. Trade Volume was down over the average, with 41,028 shares of DSX changing hands under the typical 518,627

Zacks Investment Research bumped up the target of Diana Shipping Inc. (NYSE:DSX) to $4.00 stating a potential upside of 0.09%.

See Chart Below

Diana Shipping Inc. (NYSE:DSX)

Diana Shipping Inc. has a 52 week low of $2.36 and a 52 week high of $6.20 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $2.44 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 10 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 2 brokers rating the stock a sell.

General Information About Diana Shipping Inc. (NYSE:DSX)

Diana Shipping Inc. is a holding company. The Company is a provider of shipping transportation services. The Company specializes in the ownership of dry bulk vessels. As of February 16, 2017, the Company's operating fleet consisted of 48 dry bulk carriers, of which 23 were Panamax, four were Kamsarmax, three were Post-Panamax, 14 were Capesize and four were Newcastlemax vessels, having a combined carrying capacity of approximately 5.7 million deadweight tonnage (dwt). As of February 16, 2017, the Company's fleet included Danae, Dione, Nirefs, Alcyon, Triton, Thetis, Protefs, Calipso, Clio, Erato, Coronis, Melite, Leto, Artemis, Selina, Atalandi, Maia, Medusa, Norfolk, Aliki, Semirio, Boston, Seattle, Santa Barbara, New Orleans, Los Angeles, San Francisco and Newport News. The Company charters its dry bulk carriers to customers primarily pursuant to time charters.

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