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Diana Shipping (NYSE:DSX)‘s stock had its “underperform” rating reaffirmed by analysts at Wells Fargo & Co. in a research report issued to clients and investors on Monday, Stock Ratings Network.com reports.

Diana Shipping (NYSE:DSX) opened at 12.21 on Monday. Diana Shipping has a one year low of $6.47 and a one year high of $13.24. The stock’s 50-day moving average is $11.60 and its 200-day moving average is $10.27. The company has a market cap of $993.7 million and a price-to-earnings ratio of 115.19.

Diana Shipping (NYSE:DSX) last issued its quarterly earnings data on Tuesday, July 30th. The company reported ($0.06) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.06). The company had revenue of $40.01 million for the quarter, compared to the consensus estimate of $39.37 million. During the same quarter last year, the company posted $0.21 earnings per share. Diana Shipping’s revenue was down 30.6% compared to the same quarter last year. Analysts expect that Diana Shipping will post $-0.22 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on DSX. Analysts at Nordea Equity Research downgraded shares of Diana Shipping (NYSE:DSX) from a “hold” rating to a “sell” rating in a research note to investors on Monday, September 16th. Separately, analysts at Deutsche Bank downgraded shares of Diana Shipping (NYSE:DSX) from a “buy” rating to a “hold” rating in a research note to investors on Friday, September 13th. Finally, analysts at Credit Suisse upgraded shares of Diana Shipping (NYSE:DSX) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, August 20th. They now have a $10.00 price target on the stock, up previously from $8.00. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $10.54.

Diana Shipping Inc is a holding company. The Company is a global provider of shipping transportation services.

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