DryShips stock: buy or sell?
October 10th, 2019
DryShips Inc. owns and operates ocean going cargo vessels worldwide. It operates through two segments, Drybulk and Offshore Support.
Should I buy DryShips stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, DryShips stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is DryShips stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for DRYS stock for the last 30 days.
DryShips stock analysis
After climbing for 4 days, October DryShips remained steady a neutral -0.19%, closing at $5.24.
After climbing for 4 days, October DryShips remained steady a neutral -0.19%, closing at $5.24. Since price and SMA200d lines crossed up on August, DRYS climbed $1.41 (36.81%). DRYS shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on September, DRYS climbed unceasignly breaking out above its last top at 5.2. Since SMA50d and SMA100d crossed up on August, DRYS price climbed $0.06 per share (1.16%).
After climbing for 4 weeks, early October DryShips remained stable a neutral -0.19%, closing at $5.24. By mid August DRYS climbed an exceptional 25.92% in just one week.
If you observe the weekly chart, price finally broke over the resistance at $4.42 and continued climbing. Since mid August when DRYS stock price broke up the SMA40w line, it gained $1.41 (36.81%).
DryShips stock price history
DryShips IPO was on November 14th, 2016 at $95,632.20 per share1. Since then, DRYS stock lost a -100.00%, with a yearly average of -33.30%.
1: Adjusted price after possible price splits or reverse-splits.
DryShips stock historical price chart
DRYS stock reached 52-week highs on January at $7.22, and all-time highs 2016-11-15 with a price of 672723.
DryShips stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for DryShips stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on February, DryShips . As soon as we get its posted EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, DryShips annual revenues boosted a super good 84.81% to $186.14 M dollars from $100.72 marked in 2017. In line, its income margin (compared to revenues) rocketed to 11.70%, that is $21.78 million.
|2013||$1,500 M||-||$-223.15 M-14.9%||-|
|2014||$2,186 M||45.70%||$-47.51 M-2.2%||-78.71%|
|2015||$970 M||-55.62%||$-2,847.06 M-293.6%||5,892.30%|
|2016||$52 M||-94.65%||$-198.69 M-382.6%||-93.02%|
|2017||$101 M||93.93%||$-42.54 M-42.2%||-78.59%|
|2018||$186 M||84.81%||$22 M11.7%||-151.19%|
Quarterly financial resultsDryShips reported $49.26 million in sales for 2018-Q4, a -0.61% decline compared to previous quarter. Reported quarter earnings marked $5.83 M with a profit margin of 11.83%. Profit margin plunged a -11.58% compared to previous quarter when profit margin was 23.41%. When comparing turnover to same quarter last year, DryShips sales marked an outstanding increase and skyrocketed a 15.66%.
|2017-Q1||$12 M||-||$-11 M-90.7%||-|
|2017-Q2||$16 M||38.70%||$-16 M-95.5%||46.03%|
|2017-Q3||$30 M||82.75%||$-18 M-60.1%||14.97%|
|2017-Q4||$43 M||42.29%||$2 M4.2%||-109.95%|
|2018-Q1||$44 M||3.43%||$1 M1.8%||-56.79%|
|2018-Q2||$43 M||-1.81%||$4 M8.3%||362.61%|
|2018-Q3||$50 M||14.58%||$12 M23.4%||224.47%|
|2018-Q4||$49 M||-0.61%||$6 M11.8%||-49.77%|
DryShips ownershipWhen you are planning to buy shares of a company, it's always worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For DryShips, of all outstanding shares are owned by its staff.
The following table compares ownership indicators for other stocks related to DryShips:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, October 10th, 2019|
|Day range||$5.24 - $5.25|
|Average true range||$0.01|
|50d mov avg||$4.87|
|100d mov avg||$4.32|
|200d mov avg||$4.63|
DryShips performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared DryShips against in the following table: