Diana Shipping Inc. (DSX Quick QuoteDSX - Free Report) was a big mover last session, as the company saw its shares rise above 7% on the day. The upside was due to rising average carriage rates among shippers of dry bulk cargo. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 40% in the past one-month time frame.

The company has seen no positive or negative estimate revisions in the past 30 days. But its Zacks Consensus Estimate moved lower over the same timeframe, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Diana Shipping currently carries a Zacks Rank #3 (Hold).

Diana Shipping inc. Price

Diana Shipping inc. Price | Diana Shipping inc. Quote

A better-ranked stock in the Transportation Shipping industry is Dorian LPG Ltd. (LPG Quick QuoteLPG - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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