Diana Shipping Inc. (DSX) Forms $3.88 Double Bottom; Invitae (NVTA) SI Increased By 2.09%

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Invitae Corporation (NYSE:NVTA) had an increase of 2.09% in short interest. NVTA’s SI was 5.01 million shares in May as released by FINRA. Its up 2.09% from 4.91 million shares previously. With 1.62M avg volume, 3 days are for Invitae Corporation (NYSE:NVTA)’s short sellers to cover NVTA’s short positions. The SI to Invitae Corporation’s float is 14.3%. The stock increased 2.32% or $0.13 during the last trading session, reaching $5.73. About 225,015 shares traded. Invitae Corporation (NYSE:NVTA) has declined 48.72% since May 9, 2017 and is downtrending. It has underperformed by 60.27% the S&P500.

Diana Shipping Inc. (DSX) formed double bottom with $3.68 target or 5.00% below today’s $3.88 share price. Diana Shipping Inc. (DSX) has $418.23M valuation. The stock increased 0.65% or $0.025 during the last trading session, reaching $3.875. About 332,258 shares traded. Diana Shipping Inc. (NYSE:DSX) has declined 21.78% since May 9, 2017 and is downtrending. It has underperformed by 33.33% the S&P500.

Among 4 analysts covering Invitae (NYSE:NVTA), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Invitae had 8 analyst reports since August 14, 2015 according to SRatingsIntel. As per Friday, August 14, the company rating was initiated by William Blair. JP Morgan maintained the stock with “Overweight” rating in Tuesday, February 13 report. The rating was maintained by JP Morgan on Tuesday, August 9 with “Overweight”. The stock of Invitae Corporation (NYSE:NVTA) earned “Outperform” rating by Leerink Swann on Tuesday, November 7. As per Thursday, November 10, the company rating was reinitiated by Leerink Swann. Benchmark maintained Invitae Corporation (NYSE:NVTA) on Monday, April 3 with “Buy” rating. The rating was upgraded by Benchmark to “Buy” on Tuesday, February 14. The stock of Invitae Corporation (NYSE:NVTA) earned “Mkt Perform” rating by Leerink Swann on Thursday, January 28.

More recent Invitae Corporation (NYSE:NVTA) news were published by: Seekingalpha.com which released: “InVitae +3.7% as Baker Bros. reports 12.6% stake” on April 10, 2018. Also Globenewswire.com published the news titled: “Market Trends Toward New Normal in LRAD, Xencor, QuinStreet, Old Second, WesBanco, and Invitae — Emerging …” on May 04, 2018. Streetinsider.com‘s news article titled: “After-Hours Stock Movers 04/10: (LKM) (NVTA) (SPPI) Higher; (BW) (ALOG) (LAYN) Lower (more…)” with publication date: April 10, 2018 was also an interesting one.

Invitae Corporation, a genetic information company, focuses on bringing comprehensive genetic information into mainstream medical practice to enhance the quality of healthcare in the United States, Canada, Israel, and internationally. The company has market cap of $370.77 million. The firm processes DNA-containing samples, analyzes information about patient-specific genetic variation, and generates test reports for clinicians and their patients using an integrated portfolio of laboratory processes, software tools, and informatics capabilities. It currently has negative earnings. It provides a diagnostic service comprising hundreds of genes for various genetic disorders associated with oncology, cardiology, neurology, pediatrics, and other rare disease areas.

Analysts await Diana Shipping Inc. (NYSE:DSX) to report earnings on May, 22. They expect $-0.12 EPS, up 64.71% or $0.22 from last year’s $-0.34 per share. After $-0.15 actual EPS reported by Diana Shipping Inc. for the previous quarter, Wall Street now forecasts -20.00% EPS growth.

Among 14 analysts covering Diana Shipping (NYSE:DSX), 1 have Buy rating, 2 Sell and 11 Hold. Therefore 7% are positive. Diana Shipping has $8 highest and $2.25 lowest target. $4.46’s average target is 15.10% above currents $3.875 stock price. Diana Shipping had 31 analyst reports since July 27, 2015 according to SRatingsIntel. As per Friday, September 4, the company rating was downgraded by UBS. The company was maintained on Tuesday, April 17 by Morgan Stanley. Clarkson Capital downgraded the stock to “Neutral” rating in Tuesday, February 9 report. The stock has “Hold” rating by Pareto on Wednesday, January 10. On Wednesday, January 17 the stock rating was downgraded by J.P. Morgan to “Hold”. Jefferies initiated Diana Shipping Inc. (NYSE:DSX) rating on Monday, December 18. Jefferies has “Hold” rating and $4.5 target. As per Wednesday, July 27, the company rating was maintained by Jefferies. The stock of Diana Shipping Inc. (NYSE:DSX) earned “Sell” rating by Evercore on Monday, July 27. As per Wednesday, January 17, the company rating was downgraded by JP Morgan. The firm has “Hold” rating by Deutsche Bank given on Friday, August 26.

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