How to Buy Performance Shipping Stock
Performance Shipping Inc
Performance Shipping Inc. , through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide.
Performance Shipping stock last closed at $1.97, down 2.96% from the previous day, and has decreased 45.14% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.39 percentage points. Performance Shipping stock is currently +190.56% from its 52-week low of $0.68, and -61.93% from its 52-week high of $5.18.
At the moment, there are 11.73M shares of PSHG outstanding. The market value of PSHG is $23.10M. In the last 24 hours, 435,884 PSHG shares were traded.
How to Buy Performance Shipping Stock
Not sure how to invest in Performance Shipping stock? Here's how.
- Figure out where to buy Performance Shipping stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Performance Shipping stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your details.
- Analyze Performance Shipping stock: The Performance Shipping ticker symbol is PSHG. Is Performance Shipping stock a good investment? Should you buy shares of PSHG? How do PSHG's underlying business fundamentals look? Do top analysts think Performance Shipping is a good buy? Why has PSHG's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if PSHG is a good stock to buy).
- Make your PSHG buy order: Decide if you will purchase PSHG shares at the current market price or use a limit order to buy PSHG shares at a particular price.
- Keep tabs on your PSHG position: Create a watchlist to watch your investment in Performance Shipping stock.
Step 1: Figure out where to buy Performance Shipping stock
You need an online brokerage account to access the NASDAQ market and buy PSHG shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can invest in PSHG stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal data to open your new trading account.
- Send your data by clicking the "Create Account" button.
Step 3: Fund your investment account
Now that you have finished signing up on the best stock trading app, you can securely and quickly fund your account:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Performance Shipping stock
Once you have chosen the best place to buy Performance Shipping stock, it's important to research their stock before you invest, so you actually wrap your head around the risk as well as the upside.
Performance Shipping shares quick numbers
Performance Shipping Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on PSHG's stock page.
Is PSHG stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PSHG's true value.
Using relative valuations metrics:
- PSHG could be undervalued based on its P/E ratio of 0.05x, relative to Marine Shipping industry P/E ratio of 10.57x
- PSHG could be undervalued based on its P/B ratio of 0.12x, relative to Marine Shipping industry P/B ratio of 0.73x
- PSHG may be undervalued based on its PEG ratio of 0.01x
You can do additional valuation analysis on PSHG's stock here.
PSHG Financial Health
Positive Financial Indicators:
- PSHG has $69.74M in cash and short term investments. This is sufficient to cover its annual cash burn of $44.19M.
- PSHG profit margin has gone up from -27.2% to 38.2% in the past year.
- There are more short-term assets than short-term liabilities on the PSHG balance sheet.
- PSHG has cash burn of 44192000. It has enough cash and short-term investments to cover this for at least one year.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the PSHG balance sheet.
- Total PSHG debt is higher than 5 years ago, relative to shareholder equity.
- PSHG has a relatively high debt to equity ratio of 0.64.
PSHG Technical Indicators
PSHG Performance Metrics
Last year, PSHG earnings were $42.35M. During the last four year, PSHG's earnings have gone up by 8.69% per year. This was slower than the Marine Shipping industry average of 27.74%.
Last year, PSHG revenue was $110.88M. In the last five year, PSHG's revenue has increased by 30.95% per year. This was faster than the Marine Shipping industry average of 17.19%.
Find out more about PSHG's earnings and revenue performance here.
What are PSHG executives and large shareholders up to?
Over the last year, executives and large shareholders at PSHG have not bought or sold any shares.
Research more about who owns PSHG stock here.
Does PSHG provide a stable income stream?
No, Performance Shipping doesn't provide an income stream by paying out dividends.
PSHG Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PSHG buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you require additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your PSHG position
Now that you own some shares in PSHG, you'll want to keep up with your company.
Start a watchlist to keep tabs on your PSHG stock.
PSHG Feed
How to Buy Stock in Performance Shipping
To summarize, here are the 6 steps to buy Performance Shipping stock:
- Figure out where to buy Performance Shipping stock
- Open your brokerage account
- Fund your investment account
- Analyze Performance Shipping stock
- Make your PSHG buy order
- Keep tabs on your PSHG position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Performance Shipping, hit the button below to create your watchlist.
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