DCIX Stock: Diana Containerships Inc – Glistening Stock’s Review


U.S. stocks closed solidly higher Thursday, driven by solid earnings from Wal-Mart Stores, Cisco Systems and other companies. The gains broke a two-day losing streak for the market and pushed the Nasdaq composite to a record high.

Technology companies, health care stocks and consumer product makers accounted for some of the biggest gains. Energy and utilities stocks declined.

On Thursday:

  • The Standard & Poor’s 500 index rose 21.02 points, or 0.8 percent, to 2,585.64.
  • The Dow Jones industrial average gained 187.08 points, or 0.8 percent, to 23,458.36.
  • The Nasdaq added 87.08 points, or 1.3 percent, to 6,793.29.
  • The Russell 2000 index of smaller-company stocks picked up 22.79 points, or 1.6 percent, to 1,486.88.

Major News: Wal-Mart Stores, Inc. (WMT) stock surged 10.90% to trade at $99.62, soon after the company stated better-than-predictable U.S. comparable sales on Thursday, as customers stocked up on food and other supplies ahead of hurricanes and online purchases soared, sending its shares up more than 8.5 percent.

The third quarter marked Wal-Mart’s strongest U.S. sales growth since 2009 despite sluggish demand and competition from Amazon.com Inc that has hurt brick-and-mortar rivals. The retailer has notched more than three straight years of overall comparable sales growth. “Momentum in the business is really strong,” Wal-Mart Chief Financial Officer Brett Biggs said on an earnings conference call.

Hurricane-related sales contributed 30 to 50 basis points to overall comparable sales, the world’s leading retailer said, as Hurricanes Harvey and Irma spurred demand for food and grocery items in addition to building materials.

“Food delivered its strongest quarterly performance in six years,” Wal-Mart U.S. Chief Executive Greg Foran said.

Wal-Mart has invested in its online business, cut prices and improved its in-store shopping experience by raising worker wages and making stores cleaner and more efficient.

These investments weighed on operating margins and profit, however, which both fell contrast to the year-ago quarter.

Online sales soared 50 percent, surpassing growth at other big retailers but coming in below the previous quarter’s 60 percent surge. (Source: Reuters)

A total volume of 37,965,228 shares was traded. The Company’s shares have inclined 15.54% in the past month, 39.54% in the last twelve months, and 44.13% on an YTD basis.

Top Pick for Friday: Diana Containerships Inc. (NASDAQ: DCIX)

Diana Containerships Inc. (NASDAQ: DCIX) has grabbed attention from the analysts when it experienced a change of -1.49% in the last trading session to close at $6.60. A total of 557,877 shares exchanged hands during the intra-day trade contrast with its average trading volume of 992.88K shares, while its relative volume stands at 0.56. Relative volume is the comparison of current volume to average volume for the same time of day, and it’s displayed as a ratio. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it.  If RVOL is above 2 it is In Play and this is more evidence Investors ought to be in the name.  When stocks are *very* In Play one can see a RVOL of 5 and above.  The higher the RVOL the more In Play the stock is.

Day traders strive to make money by exploiting minute price movements in individual assets (usually stocks, though currencies, futures, and options are traded as well), usually leveraging large amounts of capital to do so, therefore they trade on Stocks in Play. In Play Stocks are volatile enough to produce good risk and reward trading opportunities for both bull and bear traders intraday. Most company stocks have very little volatility. They generally move extremely slowly and they only produce big price swings when the company produces good or bad trading results, which may only happen a couple of times a year at best.

In deciding what to focus on – in a stock, say – a typical day trader looks for three things: liquidity, volatility and trading volume. Liquidity allows an investor to enter and exit a stock at a good price (i.e. tight spreads, or the difference between the bid and ask price of a stock, and low slippage, or the difference between the predictable price of a trade and the actual price). If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. This is a problem for day traders and it could mean the difference between a profitable and non-profitable trade.

Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume – ADTV). A high degree of volume indicates a lot of interest in a stock. Often, a boost in the volume of a stock is a harbinger of a price jump, either up or down.

Volatility is simply a measure of the predictable daily price range—the range in which a day trader operates. More volatility means greater profit or loss. After a recent check, Diana Containerships Inc. (NASDAQ: DCIX) stock is found to be 30.52% volatile for the week, while 52.47% volatility is recorded for the month.

Technical’s Snapshot:

The stock has a market cap of $5.02M and the number of outstanding shares has been calculated 0.76M. Based on a recent bid, its distance from 20 days simple moving average is -0.56%, and its distance from 50 days simple moving average is 0.84% while it has a distance of -99.84% from the 200 days simple moving average. The company’s distance from 52-week high price is -100.00% and the current price is 323.08% away from 52-week low price. The company has Relative Strength Index (RSI 14) of 47.73 together with Average True Range (ATR 14) of 3.25.

Stock’s Valuation:

Past 5 years growth of DCIX observed at -38.57%, and for the next five years the analysts that follow this company is expecting its growth at 10.00%. The stock’s price to sales ratio for trailing twelve months is 0.22 and price to book ratio for the most recent quarter is 0.00, whereas price to cash per share for the most recent quarter are 0.43. Its quick ratio for the most recent quarter is N/A. Analysts mean recommendation for the stock is 5.00. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.


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