Quadrature Capital Ltd Purchases Shares of 24,649 Performance Shipping Inc. (NASDAQ:PSHG)

Quadrature Capital Ltd acquired a new stake in shares of Performance Shipping Inc. (NASDAQ:PSHG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,649 shares of the company’s stock, valued at approximately $56,000. Quadrature Capital Ltd owned 0.22% of Performance Shipping as of its most recent filing with the Securities & Exchange Commission.

Separately, Cable Car Capital LLC purchased a new position in shares of Performance Shipping during the fourth quarter valued at approximately $120,000. Institutional investors own 19.90% of the company’s stock.

Performance Shipping Stock Performance

Shares of PSHG opened at $2.16 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 5.06 and a current ratio of 5.21. The company has a market capitalization of $26.52 million, a price-to-earnings ratio of 1.31 and a beta of -0.31. The company’s 50 day simple moving average is $2.18 and its 200 day simple moving average is $2.07. Performance Shipping Inc. has a 1 year low of $0.76 and a 1 year high of $2.58.

Performance Shipping (NASDAQ:PSHG) last announced its quarterly earnings data on Thursday, May 30th. The company reported $0.29 earnings per share (EPS) for the quarter. The business had revenue of $21.57 million for the quarter. Performance Shipping had a net margin of 63.54% and a return on equity of 29.21%.

About Performance Shipping