The shares were last seen trading -2.75% lower, taking the closing price at $0.96 on Jul. 14, 2017.
More notable recent DryShips Inc.
DryShips, Inc. closed its last trading session at $0.99 with the loss of -2.75%.
DRYS has been the subject of several recent research reports. The stock saw its price movement on below -normal volume, as 4.33 million shares changed hands when contrast with its average daily volume of 5.46 million shares, with a year-to-date performance of 16.75%.
Receive DryShips Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DryShips Inc. with MarketBeat.com's FREE daily email newsletter. The Company owns drybulk carriers and offshore support vessels. A low ROE warns that the company is not generating a good return on its reinvested earnings.
In Shipping Industry, DryShips Inc. The stock has a market capitalization of $1.95 billion.
Multiple company employees have indulged in significant insider trading. Specifically, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants engaged in a systemic stock-manipulation scheme to artificially inflate DryShips' share price; (ii) DryShips' transactions with Kalani were an illegal capital-raising scheme, due in part to Kalani's failure to register as an underwriter with the SEC; and (iii) as a result of the foregoing, DryShips' public statements were materially false and misleading at all relevant times. A stock with a small float will generally be more volatile than a stock with a large float, apart from having limited liquidity and wider bid-ask spread. Its last month's stock price volatility remained 14.36% which for the week stands at 18.59%. Because of these issues, institutional investors seldom invest in low-float stocks. The stock hit its 52-week high on 11/15/16, and 52-week low on 07/12/17. They now have a Dollars 0.75 price target on the stock. A highly volatile stock is inherently riskier, but that risk cuts both ways. For this reason, many traders with a high risk tolerance look to multiple measures of volatility to help inform their trade strategies.
The Piotroski score is a discrete score ranging from 0-9 that shows nine criteria used to find out the strength of a company's financial position.
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. ("DryShips") (DRYS) and certain of its officers. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action.
10/28/2014 - DryShips Inc. was upgraded to " by analysts at Imperial Capital.