PSHG Stock Summary and Trading Ideas (Performance Shipping - Common Shares | NASDAQ:PSHG)

Performance Shipping Inc is a shipping company. The company is a provider of shipping transportation services through the ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying container vessels and cargo along various shipping routes. It owns and operates Aframax and Suezmax tanker vessels.

Performance Shipping - Common Shares trades on the NASDAQ stock market under the symbol PSHG.

As of June 9, 2026, PSHG stock price climbed to $1.84 with 38,160 million shares trading.

PSHG has a beta of 0.33, meaning it tends to be less sensitive to market movements. PSHG has a correlation of 0.01 to the broad based SPY ETF.

PSHG has a market cap of $22.88 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, PSHG traded as high as $2.58 and as low as $.68.

PSHG has underperformed the market in the last year with a return of +12.9%, while the SPY ETF gained +24.3%. In the last 3 month period, PSHG fell short of the market, returning -19.7%, while SPY returned +9.9%. However, in the most recent 2 weeks PSHG has outperformed the stock market by returning +11.5%, while SPY returned -1.2%.

PSHG support price is $1.76 and resistance is $1.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSHG shares will trade within this expected range on the day.