DCIX - Performance Shipping Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.7260
-0.0313 (-4.13%)
At close: 4:00PM EST
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Previous Close0.7573
Open0.7551
Bid0.0000 x 1000
Ask0.0000 x 800
Day's Range0.7022 - 0.7551
52 Week Range0.7000 - 1.3900
Volume236,287
Avg. Volume171,720
Market Cap35.589M
Beta (5Y Monthly)1.58
PE Ratio (TTM)N/A
EPS (TTM)-1.1190
Earnings DateJan 27, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMay 25, 2016
1y Target Est6.16
  • GlobeNewswire

    Performance Shipping Inc. Announces Agreement to Acquire an Aframax Tanker Vessel

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 2007 built Aframax tanker vessel, the M/T FSL Shanghai, from an unaffiliated third party seller for a total purchase price of US$26.0 million. The vessel is expected to be delivered to the Company by the end of March 2020.

  • Read This Before Selling Performance Shipping Inc. (NASDAQ:DCIX) Shares
    Simply Wall St.

    Read This Before Selling Performance Shipping Inc. (NASDAQ:DCIX) Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

  • GlobeNewswire

    Performance Shipping Inc. Update on Repurchases Under the Previously Announced Share Buyback Program

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, since the previous update on the share buyback program (the “Program”) on February 3, 2020, it has repurchased an aggregate of 160,149 common shares at an average price of US$0.8033 per share. Since the beginning of the Program, the Company has repurchased an aggregate of 287,692 common shares at an average price of US$0.8059 per share. All common shares repurchased under the Program, which expires on December 21, 2020, have been or will be cancelled.

  • GlobeNewswire

    Performance Shipping Inc. Repurchases Under the Previously Announced Share Buyback Program

    ATHENS, Greece, Feb. 03, 2020 -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced.

  • GlobeNewswire

    Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2019; Announces Delivery of the Aframax Tanker Vessel, the M/T P. Fos

    ATHENS, Greece, Jan. 28, 2020 -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today reported a.

  • GlobeNewswire

    Performance Shipping Inc. Announces the Sale of a Post-Panamax Container Vessel, the M/V Rotterdam

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2008-built Post-Panamax container vessel “Rotterdam”, with delivery to the buyer latest by May 15, 2020, for a sale price of US$18.5 million before commissions. Upon completion of the aforementioned sale, Performance Shipping Inc.’s fleet will consist of one (1) Panamax container vessel and two (2) Aframax tanker vessels. The Company also expects to take delivery of one (1) Aframax tanker vessel by the end of January 2020.

  • GlobeNewswire

    Performance Shipping Inc. Announces the Date for Reporting the 2019 Fourth Quarter and Year-End Financial Results

    ATHENS, Greece, Jan. 21, 2020 -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced.

  • GlobeNewswire

    Performance Shipping Inc. Announces Share Repurchase Program

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that its Board of Directors authorized a share repurchase program to purchase up to an aggregate of US$6.0 million of the Company’s common shares. As of the date hereof, the Company has 49,021,001 issued and outstanding common shares and another 1,500 Series B-2 preferred shares issued and outstanding. The timing and amount of any repurchases will be determined by the Company’s management team and will depend on market conditions, capital allocation alternatives, applicable securities laws and other factors.

  • GlobeNewswire

    Performance Shipping Inc. Announces Date for Its 2020 Annual Meeting of Shareholders

    ATHENS, Greece, Jan. 07, 2020 -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vesssels, announced.

  • GlobeNewswire

    Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

    ATHENS, Greece, Nov. 26, 2019 -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships and tanker.

  • GlobeNewswire

    Performance Shipping Inc. Announces Delivery of the Aframax Tanker “Briolette”

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of  containerships and tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Briolette (formerly “Maersk Jamnagar”), a 2011-built Aframax tanker vessel of 104,588 dwt that the Company entered into an agreement to purchase in June 2019. Including the newly delivered m/t Briolette, Performance Shipping Inc.’s fleet currently consists of 2 container vessels (1 Post-Panamax and 1 Panamax) and 2 Aframax tanker vessels.

  • GlobeNewswire

    Performance Shipping Inc. Announces Agreement to Acquire an Aframax Tanker and US$11.0 Million Investment by Its Chairman

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships and tanker vessels, today announced that it has agreed to acquire from a related party all of the issued and outstanding shares of an entity that has entered into a contract to purchase one 2007 built Aframax tanker vessel from an unaffiliated third party seller for a total purchase price of US$26.0 million. The transaction was approved by a majority of the disinterested members of the board of directors of the Company. The Company will acquire the entity from the Company’s Chairman and Chief Executive Officer, Mr. Symeon Palios, for an aggregate purchase price of US$11.0 million, which will be paid in common shares of the Company at a per share price of US$0.9027, which is equal to the undiscounted closing price of the common stock on the NASDAQ stock exchange on November 18, 2019.

  • Do Directors Own Performance Shipping Inc. (NASDAQ:DCIX) Shares?
    Simply Wall St.

    Do Directors Own Performance Shipping Inc. (NASDAQ:DCIX) Shares?

    A look at the shareholders of Performance Shipping Inc. (NASDAQ:DCIX) can tell us which group is most powerful...

  • GlobeNewswire

    Performance Shipping Inc. Announces the Date for Reporting the 2019 Third Quarter Financial Results

    ATHENS, Greece, Nov. 04, 2019 -- Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced.

  • GlobeNewswire

    Performance Shipping Inc. Announces Appointment of Deputy Chief Executive Officer

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that its board of directors has unanimously appointed Mr. Andreas Michalopoulos to the position of Deputy Chief Executive Officer, effective immediately. Mr. Michalopoulos, who is presently the Company’s Chief Financial Officer and Treasurer, will retain such position for the time being. While it is expected that Mr. Michalopoulos will eventually succeed Mr. Symeon Palios as Chief Executive Officer, Mr. Palios’ active role as Chief Executive Officer and Chairman of the Company will be unchanged in the near term.

  • GlobeNewswire

    Performance Shipping Inc. Announces the Sale of a Post-Panamax Container Vessel, the m/v Pucon

    Upon completion of the aforementioned sale and the previously announced sale of a Panamax container vessel, the m/v Pamina, Performance Shipping Inc.’s fleet will consist of 2 container vessels (1 Post-Panamax and 1 Panamax) and one Aframax tanker vessel. The Company also expects to take delivery of one Aframax tanker vessel by the beginning of November 2019.

  • GlobeNewswire

    Performance Shipping Inc. Announces Receipt of NASDAQ Notice

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated September 6, 2019, indicating that because the closing bid price of the Company's common stock for 30 consecutive business days, from July 24, 2019 to September 5, 2019, was below the minimum $1.00 per share bid price requirement for continued listing on the Nasdaq Global Select Market, the Company is not in compliance with Nasdaq Listing Rule 5450(a)(1). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until March 4, 2020. The Company intends to monitor the closing bid price of its common stock during this grace period and will consider its options, including a reverse stock split, in order to regain compliance with the Nasdaq Global Select Market minimum bid price requirement.

  • GlobeNewswire

    Performance Shipping Inc. Announces the Sale of a Panamax Container Vessel, the M/V Pamina

    Upon completion of the aforementioned sale, Performance Shipping Inc.’s fleet will consist of 3 container vessels (2 Post-Panamax and 1 Panamax) and one Aframax tanker vessel. The Company also expects to take delivery of one Aframax tanker vessel by the beginning of November 2019. A table describing the current Performance Shipping Inc. fleet can be found on the Company’s website, www.pshipping.com.

  • GlobeNewswire

    Performance Shipping Inc. Announces Delivery of the Aframax Tanker “Blue Moon”

    Performance Shipping Inc. (DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Blue Moon (formerly “Maersk Jeddah”), a 2011-built Aframax tanker vessel of 104,623 dwt that the Company entered into an agreement to purchase in June 2019. Including the newly delivered m/t Blue Moon, Performance Shipping Inc.’s fleet currently consists of 4 container vessels (2 Post-Panamax and 2 Panamax) and 1 Aframax tanker vessel. The Company also expects to take delivery of one Aframax tanker vessel by the beginning of November 2019.

  • GlobeNewswire

    Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2019

    ATHENS, Greece, July 29, 2019 -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today reported a.

  • GlobeNewswire

    Performance Shipping Inc. Announces the Date for Reporting the 2019 Second Quarter Financial Results

    ATHENS, Greece, July 03, 2019 -- Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced.

  • GlobeNewswire

    Performance Shipping Inc. Announces Agreements to Acquire Two Aframax Tankers and US$10.0 Million Investment by Its Chairman

    Performance Shipping Inc. (DCIX), (the “Company”), today announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party seller for a total purchase price of US$60.0 million. The transaction was unanimously approved by the disinterested members of the board of directors of the Company. The Company will acquire the two entities affiliated with the Company’s Chairman and Chief Executive Officer, Mr. Symeon Palios, for an aggregate purchase price of US$10.0 million, which will be paid in common shares of the Company at a per share price of US$1.05, which is equal to the undiscounted closing price of the common stock on the NASDAQ stock exchange on June 7, 2019.

  • GlobeNewswire

    Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2019

    ATHENS, Greece, May 10, 2019 -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today.

  • GlobeNewswire

    Performance Shipping Inc. Announces the Date for Reporting the 2019 First Quarter Financial Results

    ATHENS, Greece, April 12, 2019 -- Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today.

  • GlobeNewswire

    Performance Shipping Inc. Announces Expiration of Series B-2 Preferred Warrants

    ATHENS, Greece, March 26, 2019 -- Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today.