DryShips (DRYS) Shares are Down -12.93%

DryShips (DRYS) : During the past 4 weeks, traders have been relatively bearish on DryShips (DRYS), hence the stock is down -38.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -12.36% relative to the S&P 500. The 4-week change in the price of the stock is -38.82% and the stock has fallen -12.93% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 33.52% and the fifty day Moving Average is 54.14%. DryShips, Inc. has dropped 90.5% during the last three month period . Year-to-Date the stock performance stands at -95.11%.


DryShips (NASDAQ:DRYS): stock turned positive on Friday. Though the stock opened at $0.8062, the bulls momentum made the stock top out at $0.94 level for the day. The stock recorded a low of $0.7601 and closed the trading day at $0.832, in the green by 3.74%. The total traded volume for the day was 2,484,561. The stock had closed at $0.802 in the previous days trading.

DryShips Inc. is a holding company. The Company is a provider of ocean transportation services for drybulk and petroleum cargoes through its ownership and operation of drybulk carrier vessels and oil tankers and offshore drilling services through the ownership and operation by its majority-owned subsidiary, Ocean Rig UDW, of deepwater drilling units. It owns a fleet of approximately 39 drybulk carriers, comprising 13 Capesize, 24 Panamax and two Supramax vessels, 10 tankers, comprising four Suezmax and six Aframax vessels and 10 drilling units, comprising two ultra-deepwater semisubmersible offshore drilling rigs, its sixth generation ultra-deepwater drillships and four seventh generation ultra-deepwater drillships. Its drybulk carriers, drilling units and oil tankers operate around the world. The Companys segments include Drybulk, Tanker and Drilling.

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