Performance Shipping Secures Long-Term Charters for Two Suezmax Newbuildings
TipRanks (Thu, 16-Apr 4:29 PM ET)
Globe Newswire (Thu, 16-Apr 9:28 AM ET)
Performance Shipping to Sell Aframax Tanker M/T P. Aliki for US$42.65 Million in Fleet Renewal Move
TipRanks (Tue, 14-Apr 4:47 PM ET)
Performance Shipping to sell Aframax Vessel M/T P. Aliki for $42.6M
Seeking Alpha News (Tue, 14-Apr 9:47 AM ET)
Globe Newswire (Tue, 14-Apr 9:27 AM ET)
Performance Shipping Inc. Secures Sale and Leaseback Agreement for Newbuilding LR1 Tanker
Globe Newswire (Tue, 17-Mar 9:17 AM ET)
Globe Newswire (Wed, 4-Mar 9:27 AM ET)
Globe Newswire (Mon, 2-Mar 4:03 PM ET)
Globe Newswire (Tue, 17-Feb 9:17 AM ET)
Globe Newswire (Tue, 20-Jan 9:27 AM ET)
Performance Shipping Inc is a provider of shipping transportation services through its ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying containerized cargo along various shipping routes. It owns and operates six Aframax tanker vessels.
Performance Shipping - Common Shares trades on the NASDAQ stock market under the symbol PSHG.
As of April 17, 2026, PSHG stock price climbed to $1.91 with 37,977 million shares trading.
PSHG has a beta of -0.23, meaning it tends to be less sensitive to market movements. PSHG has a correlation of 0.00 to the broad based SPY ETF.
PSHG has a market cap of $23.75 million. This is considered a Sub-Micro Cap stock.
Last quarter Performance Shipping - Common Shares reported $26 million in Revenue and $.19 earnings per share. This beat revenue expectation by $4 million and missed earnings estimates by -$.08.
In the last 3 years, PSHG traded as high as $2.58 and as low as $.68.
PSHG has outperformed the market in the last year with a return of +39.4%, while the SPY ETF gained +36.5%. However, in the most recent history, PSHG shares have underperformed the stock market with its stock returning -6.8% in the last 3 month period and -0.5% for the last 2 week period, while SPY has returned +2.9% and +8.3%, respectively.
PSHG support price is $1.81 and resistance is $1.99 (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.