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DryShips Inc. DRYS

Industrials
DryShips Inc is engaged in the shipping industry in the United States. The company operates as a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions. Through this division, it operates as a provider of offshore support services to the offshore energy industry. The company owns a fleet of Panamax dry bulk vessels, Newcastlemax dry bulk vesse


NDAQ:DRYS - Post by User

DryShips Inc. > Can someone please explain
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Comment by ufoolmeon Apr 13, 2017 3:37pm
162 Views
Post# 26120092

RE:RE:RE:Can someone please explain

RE:RE:RE:Can someone please explainStock reverse splits

Mar 11 16     1 for 25
Aug 15 16     1 for 4
Nov 1   16     1 for 15
Apr 11  17     1 for 4

So if you had 7500 shares on Mar 11 2016,  today you have 1 share..  Yahoo's price targets refer
to the target ignoring all of the reverse splits.  If you accounted for them, their price estimate
would be about 53 cents ($4000/7500)
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