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 $1.57, down 0.63% from the previous day, and has decreased 16.04% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.12 percentage points. Performance Shipping stock is currently +3.97% from its 52-week low of $1.51, and -39.15% from its 52-week high of $2.58.
As of Feb 12, 2025, there are 12.43M PSHG shares outstanding. The market cap of PSHG is $19.52M. In the past 24 hours, 78,276 PSHG shares were traded.
How to Buy Performance Shipping Stock
Wondering how to invest in Performance Shipping stock? Here's how.
- Figure out where to buy Performance Shipping stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Performance Shipping stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick 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 research website can help you evaluate 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 purchase PSHG shares at a particular price.
- Keep tabs on your PSHG position: Create a watchlist to key updates about your investment in Performance Shipping shares.
Step 1: Figure out where to buy Performance Shipping stock
You need a brokerage account in order to access the NASDAQ market and buy PSHG stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you are able to buy PSHG stock today.
How to Set Up a New Investment 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.
- Input your personal info to open a new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on the best free stock trading app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Analyze Performance Shipping stock
After you have identified the best place to buy Performance Shipping stock, it's crucial to research their stock prior to investing, so you can comprehend the risk and opportunity.
Performance Shipping shares data
PSHG Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on PSHG's stock page.
Is PSHG stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PSHG's intrinsic value.
Using relative valuations methods:
- PSHG could be undervalued based on its P/E ratio of 0.33x, relative to Marine Shipping industry P/E ratio of 8.34x
- PSHG could be undervalued based on its P/B ratio of 0.07x, relative to Marine Shipping industry P/B ratio of 0.87x
You can access more valuation research on PSHG's stock here.
PSHG Financials at a glance
Positive Financial Indicators:
- PSHG profit margin has gone up from 37.1% to 63.8% in the past year.
- PSHG earnings of $49.78M is not enough to cover its interest payments.
- PSHG has a low debt to equity ratio of 0.21.
- PSHG's operating cash flow of $57.10M allows it to safely service it's debt of $49.32M.
Negative Financial Indicators:
- Total PSHG debt is higher than 5 years ago, relative to shareholder equity.
PSHG Technical Indicators
Is PSHG Making Money?
Last year, PSHG earnings were $57.15M. Over the past 5 year, PSHG's earnings have increased by -32.27% per year. This was slower than the Marine Shipping industry average of 36.38%.
Last year, PSHG revenue was $89.61M. During the last four year, PSHG's revenue has gone up by 37.3% per year. This was faster than the Marine Shipping industry average of 14.67%.
Dig into PSHG's earnings and revenue performance here.
Who is buying/selling PSHG?
Over the past year, insiders 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 primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your PSHG buy order
You have two main types of orders:
- 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 lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you want more help investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your PSHG position
Now that you own some PSHG shares, you'll want to keep up with your stock purchase.
Make a watchlist to track the most important metrics related to 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 are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Performance Shipping, add PSHG to your watchlist below.
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