DryShips, Inc. (NASDAQ:DRYS) persists its position slightly strong in context of buying side, while shares price fell -1.60% during latest trading session. DryShips Inc. (DRYS) reported that it has entered into an contract with Kalani Investments Limited, an entity organized in the British Virgin Islands and that is not affiliated with the Company.
Mr. George Economou, Chairman and CEO commented: “We are very excited to now have the ability to raise up to $200 million of equity having full control of the timing. Together with accessible liquidity in excess of $120 million we are now in a position to commence the process of re-building the Company’s fleet and earnings capacity and pursuing investments in various shipping sections as they arise. We are already evaluating a number of opportunities that we hope will materialize in the very near future.”
Narrow down focus to other ratios, the co has current ratio of 0.60 that indicates if DRYS lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.60, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 15.40, sometimes its remain same with long term debt to equity ratio.
Marriott International, Inc. (NASDAQ:MAR) also run on active notice, stock price knocked down -0.77% after traded at $82.68 in most recent trading session.
MAR has price to earnings ratio of 29.17 and the price to current year EPS stands at 24.10%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 11.60%. The earning yield also gives right direction to lure investment, as the co has 1.45% dividend yield. Moving toward ratio analysis, it has current ratio of 0.70 and quick ratio was calculated as 0.70. The debt to equity ratio appeared as 1.51 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 1.01% for a week and 1.52% for a month. The price volatility’s Average True Range for 14 days was 1.20. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.40 out of 1-5 scale with week’s performance of -1.25%. MAR’s institutional ownership was registered as 65.00%, while insider ownership was 4.00%.