How to Buy Diana Shipping Stock
Diana Shipping Inc
Diana Shipping is a shipping company located in Greece, which is part of the Industrials sector, and is traded under the ticker DSX on the NYSE exchange.
Diana Shipping stock last closed at $1.63, up 5.16% from the previous day, and has decreased 34.27% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.11 percentage points. Diana Shipping stock is currently +28.35% from its 52-week low of $1.27, and -36.82% from its 52-week high of $2.58.
At the moment, there are 115.78M DSX shares outstanding. The market cap of DSX is $188.71M. In the last 24 hours, 1.01M DSX shares were traded.
How to Buy Diana Shipping Stock
Not sure how to invest in Diana Shipping stock? Here's how.
- Figure out where to buy Diana Shipping stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Diana Shipping stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your details.
- Evaluate Diana Shipping stock: The Diana Shipping ticker symbol is DSX. Is Diana Shipping stock a good investment? Should you buy shares of DSX? How do DSX's underlying business fundamentals look? Do top analysts think Diana Shipping is a good buy? Why has DSX's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if DSX is a good stock to buy).
- Place your DSX trade: Decide if you will purchase DSX shares at the current market price or use a limit order to buy DSX shares at a given price.
- Track your DSX position: Create a watchlist to keep track of your position in Diana Shipping stock.
Step 1: Figure out where to buy Diana Shipping stock
You need a brokerage account in order to access the NYSE market and buy DSX shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to buy DSX stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've finished signing up on investing apps, you need to deposit funds:
Check out the tutorial below for more details transferring funds into your new investment account.
Step 4: Evaluate Diana Shipping stock
Once you have decided on the best place to buy Diana Shipping stock, it's important to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Diana Shipping shares data
DSX Due Diligence Checks
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DSX's stock page.
Is DSX stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DSX's true value.
Using relative valuations measures:
- DSX could be overvalued based on its P/E ratio of 12.54x, relative to Marine Shipping industry P/E ratio of 9.63x
- DSX could be undervalued based on its P/B ratio of 0.38x, relative to Marine Shipping industry P/B ratio of 0.86x
- DSX could be undervalued based on its PEG ratio of 0.04x
You can do more valuation analysis on DSX's stock here.
DSX Financial Summary
Passed Financial Due Diligence Checks:
- DSX profit margin has gone up from 4.4% to 6.8% in the past year.
Failed Financial Due Diligence Checks:
- DSX has a relatively high debt to equity ratio of 1.3.
- Total DSX debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are saying on the Diana Shipping stock forecast page.
DSX Technicals
DSX Performance Metrics
Last year, DSX earnings were $15.22M. Over the past three year, DSX's earnings have grown by -96.85% per year. This was slower than the Marine Shipping industry average of 15.19%.
Last year, DSX revenue was $224.19M. During the last five year, DSX's revenue has grown by 3.39% per year. This was slower than the Marine Shipping industry average of 25.68%.
Learn more about DSX's earnings and revenue performance here.
What are DSX executives and large shareholders up to?
In the past 12 months, insiders at DSX have not bought or sold any shares.
Dig into more about who owns DSX shares here.
Does DSX provide a stable income stream?
No, Diana Shipping doesn't provide an income stream by paying out dividends.
What others are saying about DSX
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your DSX trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional assistance buying stocks on eToro, click the how to video below:
Step 6: Track your DSX position
Now that you own some DSX shares, you'll want to keep up with your investment.
Make a watchlist to get notified of the latest news about your DSX stock.
DSX Feed
How to Buy Stock in Diana Shipping
To summarize, here are the 6 steps you need to take to buy Diana Shipping stock right now:
- Figure out where to buy Diana Shipping stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Diana Shipping stock
- Place your DSX trade
- Track your DSX position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Diana Shipping, create a watchlist on WallStreetZen today.
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