Drive Shack Inc (NYSE:DS) traded down 5.5% during mid-day trading on Tuesday . The stock traded as low as $3.10 and last traded at $3.12, 683,560 shares traded hands during trading. An increase of 77% from the average session volume of 386,775 shares. The stock had previously closed at $3.30.
Separately, ValuEngine upgraded Drive Shack from a “hold” rating to a “buy” rating in a report on Friday, January 3rd.
The firm has a market capitalization of $221.29 million, a P/E ratio of -4.33 and a beta of 1.48. The stock’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $4.08. The company has a debt-to-equity ratio of 11.93, a current ratio of 1.61 and a quick ratio of 1.61.
About Drive Shack (NYSE:DS)
Drive Shack Inc owns and operates golf-related leisure and entertainment businesses. Its Entertainment Golf Venues segment operates an entertainment golf venue in Orlando, Florida. This segment also focuses on opening a chain of dining and entertainment golf venues in the United States and internationally, which combine golf, competition, dining, and fun.
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