DryShips Inc. (NASDAQ:DRYS) closed at $4.15 after rising 8.33% with the overall traded volume of 22.73 million shares which is nearly three times the average volume of 7.76 million. Its total outstanding shares are 399.14 million shares with the market capitalization of $1.66 billion.
The Company’s 5 years revenue rate amounted 30.30%.
Its current ratio is 0.72 and debt to equity ratio is 0.78.
The Company’s beta value stands at 3.37 times. Its return on investment is 4.43%.
As the analyst from Goldman upgraded the Company, he remarked that the listing of Ocean Rig, which is mostly owned by DryShips, will help in boosting shares.
DryShips Inc. is a holding company. The Company is engaged in the ocean transportation services of drybulk cargoes worldwide through the ownership and operation of the drybulk carrier vessels and deepwater drilling rig services through the ownership of ultra-deep water drilling rigs.