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Performance Shipping ( (PSHG) ) has issued an update.
On October 9, 2025, Performance Shipping Inc. announced the expansion of its fleet with the acquisition of two modern Suezmax tankers, the M/T Eco Bel Air and the M/T Eco Beverly Hills, built in 2019. These acquisitions align with the company’s strategy of fleet modernization and expansion in the midsize tanker segment. The vessels, featuring eco-design and energy-efficient technologies, are expected to be delivered between December 2025 and January 2026, enhancing the company’s operational profile and positioning it for favorable employment opportunities.
The most recent analyst rating on (PSHG) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Performance Shipping stock, see the PSHG Stock Forecast page.
Spark’s Take on PSHG Stock
According to Spark, TipRanks’ AI Analyst, PSHG is a Outperform.
Performance Shipping’s stock score is driven by its strong valuation and positive technical indicators. While financial performance shows profitability and a solid balance sheet, revenue decline and cash flow concerns are notable risks. The absence of earnings call and corporate events data did not impact the score.
To see Spark’s full report on PSHG stock, click here.
More about Performance Shipping
Performance Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership of tanker vessels. The company operates its fleet on spot voyages, through pool arrangements, and on time charters.
Average Trading Volume: 105,002
Technical Sentiment Signal: Hold
Current Market Cap: $23.5M
See more data about PSHG stock on TipRanks’ Stock Analysis page.