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Market Cap 13.09M P/E 0.02 EPS this Y -32.90% Ern Qtrly Grth -44.60%
Income 55.09M Forward P/E 0.27 EPS next Y 4.60% 50D Avg Chg 37.00%
Sales 90.83M PEG 0.18 EPS past 5Y -39.70% 200D Avg Chg -47.00%
Dividend N/A Price/Book 0.06 EPS next 5Y 10.00% 52W High Chg -89.00%
Recommedations 2.00 Quick Ratio 5.43 Shares Outstanding 12.43M 52W Low Chg 62.00%
Insider Own 8.32% ROA 8.58% Shares Float 10.14M Beta 0.22
Inst Own 6.26% ROE 19.62% Shares Shorted/Prior 0.91M/898.33K Price 1.10
Gross Margin 72.60% Profit Margin 48.94% Avg. Volume 167,512 Target Price 5.75
Oper. Margin 47.82% Earnings Date Nov 25 Volume 898,887 Change 4.76%
About Performance Shipping Inc.

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.

Performance Shipping Inc. News
07/25/24 Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six-Months Ended June 30, 2024
07/24/24 Performance Shipping Inc. Announces Initiation of Analyst Coverage by Alliance Global Partners (AGP)
07/16/24 Performance Shipping Inc. Secures Sale and Leaseback Agreement for Previously Announced Newbuild LR2 Aframax Tanker
06/06/24 Performance Shipping Inc. Secures Charter Contract with Trafigura for LR2 Aframax Tanker, M/T P. Aliki
06/05/24 Performance Shipping Inc. Secures Charter Contract With Aramco for About 24 Months at US$41,000 Per Day
05/30/24 Performance Shipping Inc. Reports Solid Financial Results for the First Quarter Ended March 31, 2024
08:29 AM Performance Shipping Inc. Signs Shipbuilding Contract for the Construction of a Newbuilding LR1 Tanker Vessel
03/28/24 Performance Shipping Inc. Announces Filing of 2023 Annual Report on Form 20-F
03/12/24 Performance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per Day
09:28 AM Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023
12/21/23 Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day
12/20/23 Performance Shipping Inc. Signs Shipbuilding Contracts for the Construction of 2 Newbuilding LNG-Ready Scrubber Fitted Tier III LR2 Tankers
12/18/23 Performance Shipping Inc. Announces Full Prepayment of Piraeus Bank S.A. Loans and Significant Reduction of Finance Costs
12/13/23 Performance Shipping Inc. Announces Completion of Sale and Delivery of 2007 Built M/T P. Kikuma to New Owners
12/11/23 Performance Shipping Inc. Issues 2022 Sustainability Report
11/27/23 Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023
11/15/23 Performance Shipping Inc. Announces Filing of Amendment No. 2 to the Solicitation and Recommendation Statement on Schedule 14D-9
11/14/23 Performance Shipping Inc. Announces the Sale of 2007 Built M/T P. Kikuma for US$39.3 Million
10/31/23 Performance Shipping (NASDAQ:PSHG) Is Achieving High Returns On Its Capital
PSHG Chatroom

User Image GansoManso Posted - 2 days ago

$PSHG The mafia broker banks, along with dirty hedge funds like Intracoastal, Sabby and Armistice, and shady investment banks like H.C. Wainwright, have taken your money. And this company's execs helped them do it with their incessant reverse splits, deliberate dilution and taking of toxic financing. The SEC was created and is controlled by the mafia broker banks, so don't expect them to do anything. Musk aptly dubbed them the "Short-Sellers Enrichment Commission." THE MAFIA BROKER BANKS KNOW YOUR AVERAGE and use their hedge fund buddies to dilute and ILLEGALLY NAKED SHORT your investment, ensuring you never make any gains. They want you to average down. Don't. The only way to win is to stop playing their game. Instead, invest in ammo (not the ticker), and make sure you know the CEO's home address. The banks and brokers have big marketing budgets, so there will be very little coverage on this important news for investors in North America. https://finance.yahoo.com/news/end-naked-short-selling-230100677.html?guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAEg4_ra_uhbMoBbyVjhIRSOJqSlvjmByE_BwR27RFFtzghYSYnV9THkf-j7qc_AwjgcoWD1euIBQWwGKdNUtBpSmzFu6TarMAnOdbh6t4UQ9Lm4ojf6uamskgwhQy4Ct-0gfx19CCq-8-aLzLZrY5Cd5bL9RAveuQ1NEMKWSttF0&_guc_consent_skip=1725227371

User Image lmkang5726 Posted - 4 days ago

$PSHG George Economou $3 Open Offer Ends September 10, 2024 What Happens After September 10, 2024?

User Image Torobravo_1 Posted - 08/30/24

$PSHG The day they announce the decision on the lawsuit, there will be a sharp rise or fall, depending on who has won. The price of 2 dollars is very attractive even if the Economou loses the lawsuit. That is, even if the shorts go all out, in this case (Economou loses the lawsuit) the price will stabilize in the 1.50-1.60s area where they will then announce the execution of the 1.65 warrants. Then it will rise. If the Economou wins the lawsuit, this will shoot up more than 7 dollars in minutes. The shorts will be crushed if they do not cover You have to be in and be patient

User Image PawnInTheGame Posted - 08/30/24

$PSHG I haven't forgotten about you tea baggers! You clown get it right on the chin weekly!

User Image PawnInTheGame Posted - 08/30/24

$PSHG So clear this is in a strong downward trend. What happened to you $3 per share I thought it was going to be Jan then in Feb, March, April, Aug. I am now suppose to believe it is going to be at the EOY? Nothing but complete novices buy this CRAP!

User Image kimmo2020 Posted - 08/30/24

$PSHG I got an offer 3 dollars per share. I dont sell. We have to wait a while. End of this year I will have my reward.

User Image Oliver202115 Posted - 08/28/24

$PSHG wake up, everyone! It’s alive!

User Image Oliver202115 Posted - 08/27/24

$PSHG $2.50

User Image Idea21 Posted - 08/27/24

$PSHG almost 1 month without news... I am thinking we will get soon some. PSHG is swimming in money. So we to.

User Image Homer_Simpson Posted - 08/27/24

$PSHG going to get more if below 2...

User Image Homer_Simpson Posted - 08/27/24

$PSHG 910k shorts right now feels like a trap for shorts, silent news... no updates from management - something is brewing

User Image MoneyCaz Posted - 08/26/24

$PSHG How about you just jump tp 6 bucks and we call it a day?

User Image MoneyCaz Posted - 08/26/24

$PSHG I hear crickets when I pull up this site

User Image junkyardstocks Posted - 08/21/24

$PSHG $ups $TSLA I’m sure most would agree , dumping the dislike button is boring

User Image PawnInTheGame Posted - 08/21/24

$PSHG I told you guys buying over $2 is just insane. Just how is this crap priced this high? Crazy! Soon there will only be 5 pumpers left fighting over 1 life jacket on this sinking ship.

User Image Oliver202115 Posted - 08/21/24

$PSHG I cannot believe how long I’ve been holding just for this damn thing to hit $2.43 so I can break even and exit. I should’ve done it the one time it hit that mark, but with the $3 tender I held, like an idiot, thinking it might eventually hit $3. I won’t make that mistake again. This up a penny down a dime action is getting really old. I’m so fed up.

User Image RGL4120 Posted - 08/20/24

$PSHG I once had a lawyer look into this company due to its questionable business practices. He agreed that their operations were very suspect and there was good reason for shareholders to file a class action lawsuit. However, they wouldn't take the case. He explained that although they are held accountable to Nasdaq rules, the fact that they have incorporated in the Marshall Islands, which is remote and has its own rules, it was not worth pursuing. Unless you have unlimited resources and can afford representation that will attend hearings there and is versed in Marshal Islands corporate law, forget it.

User Image kikmontero Posted - 08/20/24

$PSHG Dismissed lawsuit in NY court and opened in Marshall Islands. Now what?

User Image kikmontero Posted - 08/20/24

$PSHG I keep adding at these levels. Last buy at 1.92. I think one day we will pop huge

User Image Oliver202115 Posted - 08/19/24

$PSHG

User Image stk1231 Posted - 08/16/24

$PSHG what's going on?? PE<2, PS <0.3, p/b <0.1; pc<0.4! ROI=18% stock barely moves. reverse splits have been insane in the past. everyone has lost confidence in them. Needs few Q of rebuilding confidence. but sales surprise negative, eps surprise negative

User Image Fondofyou Posted - 08/13/24

$PSHG i had to sell some today for a loss in order to satisfy the sacrificial gods to let this go up

User Image LuckyGuy13 Posted - 08/13/24

@PawnInTheGame Your imaginary price levels are funny. I bet they are based on toothfairy analysis. $PSHG is worth much more than 2 dollars.

User Image PawnInTheGame Posted - 08/13/24

$PSHG How is the CRAP above $1?

User Image RGL4120 Posted - 08/13/24

$PSHG In case you missed this article on George Economou: https://www.ibtimes.co.uk/george-economou-establishment-do-gooder-putins-puppet-1724171

User Image SheepshippaGR7 Posted - 08/12/24

$PSHG looks like low 180s inbound

User Image Steve2Johnson Posted - 08/12/24

$PSHG Battle of the Bears Contest & Test Drive! Compete against other traders in a short only contest. Prove your trading skills. Test Drive! Via:- 𝗮𝗶𝗮𝗹𝗲𝗿𝘁.𝘂𝘀

User Image Oliver202115 Posted - 08/09/24

$PSHG what is this?

User Image kikmontero Posted - 1 month ago

$PSHG Added 1.91

User Image MattDamonz Posted - 1 month ago

$PSHG whole market is bloody... this is not a PSHG problem! we'll be back to 2 soon...

Analyst Ratings
Alliance Global Partners Buy Jul 22, 24