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Market Cap 13.09M P/E 0.02 EPS this Y -30.40% Ern Qtrly Grth -
Income 56.92M Forward P/E 0.27 EPS next Y -4.50% 50D Avg Chg 37.00%
Sales 108.94M 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 4.92 Shares Outstanding 12.28M 52W Low Chg 62.00%
Insider Own 8.43% ROA 12.71% Shares Float 9.99M Beta 0.27
Inst Own 6.04% ROE 29.28% Shares Shorted/Prior 730.73K/703.46K Price 1.10
Gross Margin 75.93% Profit Margin 52.25% Avg. Volume 167,512 Target Price 5.00
Oper. Margin 44.29% Earnings Date Jun 19 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
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
03/07/24 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
08/31/23 Performance Shipping Inc. Announces Initiation of Analyst Coverage by Maxim Group
08/25/23 Netflix upgraded, Olaplex downgraded: Wall Street's top analyst calls
08/21/23 Performance Shipping Inc. Announces Completion of US$2 Million Share Buyback Plan and Initiates New US$2 Million Share Buyback Plan
08/16/23 Performance Shipping Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement
08/07/23 Performance Shipping Inc. Announces Entry Into New Revolving Credit Facility With Nordea Bank at Favorable Terms Resulting in No Debt Maturities Prior To Mid-2027
07/27/23 Performance Shipping Inc. Reports Net Income of $18.4 Million, a Second Consecutive Record, 1.7 Million Shares Repurchased for the Second Quarter 2023, and Financial Results for the Second Quarter and Six Months Ended June 30, 2023
06/27/23 Performance Shipping Inc. Announces Time Charter Contract With ST Shipping at Fixed Floor Rate of US$45,000 Per Day Plus 50/50 Profit Share for LR2 Tanker, M/T P. Aliki
06/21/23 Performance Shipping Inc. Reports Record Net Income of $15.7 Million, 1.5 Million Shares Repurchased and Financial Results for the First Quarter Ended March 31, 2023
PSHG Chatroom

User Image Torobravo_1 Posted - 1 hour ago

$PSHG ME SMELLS NEWS THIS WEEK, which will be catalysts for the price

User Image TipTopCapital Posted - 8 hours ago

$PSHG something is up, this is acting strange...could it be the day this breaks out?

User Image Vodavi Posted - 12 hours ago

@Torobravo_1 Does this relate to $PSHG or some other company?

User Image SheepshippaGR7 Posted - 23 hours ago

$PSHG this pos can't move even if it had a rocket under it. Fed up with owners . Trash 170s inbound for a slow summer ahead

User Image Oliver202115 Posted - 3 days ago

$PSHG what the heck happened here? I don’t pay attention for a day or two and it’s back under $2?

User Image Lanuchbox Posted - 4 days ago

$CISS $CEI $PSHG $TOPS $IMPP weekend holds. Monday we eat good!

User Image Lanuchbox Posted - 4 days ago

$CISS $CEI $PSHG $TOPS $IMPP hope you all loaded on oil and Greek shipping stocks. War just started, oil going nuts

User Image Homer_Simpson Posted - 5 days ago

$PSHG nice 18 k snached for cheap ;)

User Image IronSharpened Posted - 5 days ago

$PSHG Company needs to give a .10 dividend with the Q1 earnings IMO. That would knock this over $3 IMO and render GE's offer meaningless.

User Image CHINA_BULL Posted - 6 days ago

$PSHG If your shares have baan locked by your broker as a result of the tender offer. SEC Rule 14d-7 provides that any tendering security holder has the right to withdraw its tendered securities “during the period such offer request or invitation remains open.” If a bidder extends an offer period, can it limit the availability of withdrawal rights during this extended offer period to a select group of the subject company’s security holders (e.g., only those security holders who tendered prior to the extension of the offer period)? The withdrawal rights required under Rule 14d-7 must be made available to all security holders during any extension of the offer period. [March 17, 2023]

User Image Oliver202115 Posted - 6 days ago

$PSHG

User Image TipTopCapital Posted - 6 days ago

$PSHG what’s the deal with this one

User Image MattDamonz Posted - 1 week ago

$PSHG Strange day! :p

User Image Builder46 Posted - 1 week ago

$PSHG buy ...be ready for $3

User Image Builder46 Posted - 1 week ago

$PSHG we should get to at least $3 now for the report ⚡️⚡️⚡️

User Image CHINA_BULL Posted - 1 week ago

$PSHG On March 26, 2024, the Offeror announced that it has extended the Expiration Date and Time to 11:59 p.m., New York City time, on June 28, 2024. The Offer was previously scheduled to expire at 11:59 p.m., New York City time, on March 28, 2024. The Tender Offer Agent has advised the Offeror that as of 5:00 p.m., New York City time, on March 25, 2024, the last full trading day prior to the announcement of the extension of the Offer, 609,914 Shares had been validly tendered into the Offer and not validly withdrawn. The press release announcing the extension of the Offer is attached hereto as Exhibit (a)(1)(P) and is incorporated herein by reference.”

User Image CHINA_BULL Posted - 1 week ago

$PSHG https://www.sec.gov/Archives/edgar/data/1990966/000110465924038822/tm249776d1_sctota.htm

User Image CHINA_BULL Posted - 1 week ago

$PSHG dark pool https://chartexchange.com/symbol/nasdaq-pshg/exchange-volume/

User Image CHINA_BULL Posted - 1 week ago

$PSHG borrow fee https://chartexchange.com/symbol/nasdaq-pshg/borrow-fee/

User Image CHINA_BULL Posted - 1 week ago

$PSHG https://chartexchange.com/symbol/nasdaq-pshg/short-volume/

User Image Homer_Simpson Posted - 1 week ago

$PSHG looks like some shorts trying to hold the price movement... what can I say good luck as you need it... there are no shares avalable for you to buy back... and I see 730k shorted as of now...

User Image IronSharpened Posted - 1 week ago

$PSHG If you are reading this board GE, this new piece of knowledge we learned (that I did not understand before) that the tendered shares are locked until you either rescind the offer or it is accepted by the company really sucks. If you change your offer to $5 per share and make it only good for two weeks, I will tender my shares to that offer.

User Image Torobravo_1 Posted - 1 week ago

$PSHG The stock already has its shares in circulation locked for the majority. There are no sellers, only some shorts control the price and some new buyers, if it is not the company that makes a slow buy back After 2.35-2.40 a new scenario will develop that I think we will know about through the news. That is to say, what had happened would come to light.

User Image Torobravo_1 Posted - 1 week ago

$PSHG If the GE wins the lawsuit, those who have sold at the offer price of 3 dollars will have their money but if they do not enter immediately, they will lose the rally much more than 3 dollars.

User Image IronSharpened Posted - 1 week ago

$PSHG Anyone else find it interesting that the walls here are always on prices ending in an 8?

User Image Oliver202115 Posted - 1 week ago

$PSHG I’m ready to break the $2.50 wall. Who’s with me?

User Image CHINA_BULL Posted - 1 week ago

$PSHG Tender offer has been extended, my broker is forcing me to go along... they cannot unblock my shares..

User Image Builder46 Posted - 1 week ago

$PSHG its time now $3 first

User Image 70448_3659 Posted - 1 week ago

$PSHG Please excuse my ignorance but what is going on with this useless stock that I have PSHGZZZ? I can't get rid of it since it's not tradeable on Robinhood. What is a CONTRA stock?

User Image IronSharpened Posted - 1 week ago

$PSHG Got to get past the pesky $2.30 and then $3+ is soon to follow IMO.