Citadel Advisors LLC Sells 45,509 Shares of Performance Shipping Inc. (NASDAQ:PSHG)

Citadel Advisors LLC reduced its holdings in shares of Performance Shipping Inc. (NASDAQ:PSHG) by 74.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,443 shares of the company’s stock after selling 45,509 shares during the quarter. Citadel Advisors LLC’s holdings in Performance Shipping were worth $29,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Performance Shipping Trading Down 0.6%

Shares of NASDAQ:PSHG opened at $1.74 on Friday. The company has a market cap of $21.63 million, a P/E ratio of 1.55 and a beta of -0.36. The company has a debt-to-equity ratio of 0.19, a current ratio of 5.61 and a quick ratio of 5.56. Performance Shipping Inc. has a 1 year low of $1.31 and a 1 year high of $2.28. The stock’s fifty day moving average price is $1.49 and its 200-day moving average price is $1.62.

Performance Shipping (NASDAQ:PSHG) last announced its quarterly earnings results on Tuesday, May 27th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.56. The firm had revenue of $21.33 million for the quarter, compared to the consensus estimate of $21.12 million. Performance Shipping had a return on equity of 16.99% and a net margin of 49.49%.

Performance Shipping Profile