DryShips Inc. (DRYS) to Release Quarterly Earnings on Wednesday
DryShips Inc. (NASDAQ:DRYS) will be announcing its earnings results after the market closes on Wednesday, August 30th.
Shares of DryShips Inc. (DRYS) opened at 3.06 on Tuesday. The company’s 50-day moving average price is $3.24 and its 200 day moving average price is $741.98. The firm’s market capitalization is $869040.00. DryShips Inc. has a 12-month low of $0.98 and a 12-month high of $799,681.62.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 4th. Stockholders of record on Thursday, July 20th were issued a dividend of $0.094 per share. The ex-dividend date of this dividend was Tuesday, July 18th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 12.17%. DryShips’s dividend payout ratio (DPR) is presently 0.00%.
Several brokerages recently commented on DRYS. Vetr cut DryShips from a “strong-buy” rating to a “buy” rating in a report on Wednesday, May 10th. ValuEngine raised DryShips from a “sell” rating to a “hold” rating in a report on Thursday, June 29th.
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DryShips Company Profile
DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.
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