|Bid||3.5400 x 2500|
|Ask||3.5500 x 100|
|Day's Range||3.4800 - 3.7400|
|52 Week Range||0.9800 - 799,680.0000|
|PE Ratio (TTM)||-0.00|
|Dividend & Yield||68.26 (2,037.47%)|
|1y Target Est||N/A|
Greek carrier DryShips surged briefly after its chief executive agreed to enter into a private placement with the company and it suspended stock issuance to an offshore firm.
The deal will have DryShips Inc. offering $100 million of DRYS stock to its shareholders at a price of $2.75 per share. This agreement was approved by the company’s Board of Directors. The offer will be backstopped by Sierra Investments Inc., a company that has connections with DRYS Chairman and CEO George Economou.
DryShips Inc. said Friday it has approved the sale of $100 million worth of its common stock at $2.75 a share to entities affiliated with Chief Executive George Economou. The price represents a 34% premium ...