NEW YORK, NY / ACCESSWIRE / January 23, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small-cap and micro-cap public companies issues a review of DryShips securities and financials. DryShips Inc. (DRYS), an owner of dry bulk carriers and offshore support vessels that operate worldwide, announced on January 19, 2017 a reverse stock split of the Company's common shares. The reverse 1 for 8 share split will occur on January 23. This will be the fourth time in the last year that the Company has performed a reverse stock split.
Get our DryShips recent financial review, share count and short positions here Read More
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Globally, world trade has continued to grow at a sluggish rate in 2016. Research firm Clarkson estimates world trade growth to have expanded +3.3% in 2016. While trade growth has picked up slightly from +2.2% in 2015, it is far below the growth rates of high single/low double digits experienced prior to the Global Financial Crisis in 2008.
There are several factors looming that could affect DryShips revenue explained in the following report Read More
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