DryShips (DRYS) Lowered to “Sell” at BidaskClub
BidaskClub lowered shares of DryShips (NASDAQ:DRYS) from a hold rating to a sell rating in a research report sent to investors on Thursday morning.
Separately, ValuEngine raised shares of DryShips from a sell rating to a hold rating in a report on Wednesday, December 6th.
DryShips (NASDAQ:DRYS) traded up $0.02 during trading on Thursday, hitting $3.48. 1,367,600 shares of the stock were exchanged, compared to its average volume of 3,791,609. DryShips has a fifty-two week low of $0.98 and a fifty-two week high of $35,280.00. The stock has a market capitalization of $363.81, a price-to-earnings ratio of 0.00 and a beta of 2.18. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.01 and a quick ratio of 4.01.
DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.
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