ATHENS based, Nasdaq listed Diana Containerships posted a third quarter 16 per cent year-on-year drop in revenue to US$6.7 million, reports Chicago's Briefing Research.
Diana Containerships had a net margin of 55.69 per cent and a negative return on equity of 26.32 per cent. During the same period in the previous year, the company posted $13.84 earnings per share.
The company reported $2.44 earning per share for the quarter, missing the consensus estimate of $0.79 by $1.65.
Shares of Diana Containerships (NASDAQ DCIX) traded down $0.32 during trading on Friday, reaching $7.05.
The company's stock had a trading volume of 382,157 shares, compared to its average volume of 2,720,000. Diana Containerships has a 52-week low of $1.56 and a 52-week high of $29,945.68.
Diana Containerships Inc is a holding company, which through subsidiaries, is engaged in containership ownership. As of December 31, 2016, the company's fleet consisted of six panamax and six post-panamax containerships with a combined capacity of 61,517 TEU.
