DryShips (DRYS) Looks Good: Stock Surges 12.7% - Tale of the Tape

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DryShips, Inc. ( DRYS ) was a big mover last session, as the company saw its shares surge nearly 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 42.9% in the past one-month time frame.

In the last 30 days, the company witnessed 1 upward estimate revision and the Zacks Consensus Estimate edged up over the same period, suggesting that more solid trading could be ahead for DryShips. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

DryShips currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better ranked shipping stocks include Baltic Trading Limited ( BALT ) and Diana Containerships Inc. ( DCIX ) with a Zacks Rank #1 (Strong Buy) and Genco Shipping and Trading Ltd. ( GNK ) carrying a Zacks Rank #2 (Buy).

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BALTIC TRAD LTD (BALT): Free Stock Analysis Report

DIANA CONTAINER (DCIX): Free Stock Analysis Report

DRYSHIPS INC (DRYS): Free Stock Analysis Report

GENCO SHPG&TRDG (GNK): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: BALT , DCIX , DRYS , GNK

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As of 7/28/2014, 04:05 PM