6 Transportation Stocks That Analysts Expect To Double
Dry Ships (DRYS) shares are trading at $2.70. Dry Ships operates drybulk ships and drilling rigs. The 50-day moving average is $2.71 and the 200-day moving average is $3.90. The shares have traded in a range between $1.75 to $6.44 in the past 52 weeks. The earnings estimates for DRYS are 44 cents for 2011, and 58 cents for 2012. DRYS now trades for about 4 times forward earnings. Barclays Capital has set a $4.50 price target and Deutsche Bank had previously set a $7 target.