NEW YORK ( TheStreet) -- Shares of Diana Containerships (Nasdaq: DCIX) were gapping up Wednesday morning with an open price 10.4% higher than Tuesday's closing price. The stock closed at $6.34 Tuesday and opened today's trading at $7. The average volume for Diana Containerships has been 161,700 shares per day over the past 30 days. Diana Containerships has a market cap of $143.8 million and is part of the services sector and transportation industry. Shares are up 16.8% year to date as of the close of trading on Tuesday. Diana Containerships Inc. owns and operates containerships in Greece. The company engages in the seaborne transportation of semi-finished and finished consumer and industrial products. The company has a P/E ratio of 27.1, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Diana Containerships as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Diana Containerships Ratings Report. Get more investment ideas from our investment research center.
More from Markets
Chewy Shares Fall After Hours as Second-Quarter Loss Widens
The online pet food retailer reported a second-quarter loss of 21 cents vs. expectations of 11 cents.
Adobe Shares Fall on Weak Guidance, Though Earnings Beat
Adobe investors were disappointed with management's guidance, which missed analysts estimates.
Warning Signs Are Looming for Cyclicals, Industrials -- Time to Get Defensive?
Here's your investment strategy, if you're defensive.
Stocks Finish Up Wall Street Awaits Fed Decision on Rates, Oil Prices Slump
Stocks end in positive territory Tuesday as investors proceed with caution as the Federal Reserve's two-day rate-setting meeting kicks off.