DryShips (DRYS) Receives Coverage Optimism Score of 0.16

Press coverage about DryShips (NASDAQ:DRYS) has trended somewhat positive on Sunday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. DryShips earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the shipping company an impact score of 45.9589707310816 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

DryShips (NASDAQ:DRYS) opened at $3.48 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.01 and a quick ratio of 4.01. The company has a market cap of $360.79, a price-to-earnings ratio of 0.00 and a beta of 2.20. DryShips has a 52-week low of $0.98 and a 52-week high of $35,280.00.

DRYS has been the topic of a number of recent analyst reports. BidaskClub downgraded shares of DryShips from a “hold” rating to a “sell” rating in a research report on Thursday. ValuEngine raised shares of DryShips from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th.

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About DryShips

DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.

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