Hold 12/6/2024Downgrade
Himalaya Shipping Ltd. (HSHP) was downgraded to C- from C on 12/6/2024 due to a large decline in the volatility index, growth index and total return index. Operating cash flow declined 6.39% from $17.65M to $16.52M.

Hold 11/4/2024Upgraded
Himalaya Shipping Ltd. (HSHP) was upgraded to C from C- on 11/4/2024 due to a significant increase in the valuation index, growth index and efficiency index. Net income increased 175.4% from $2.49M to $6.86M, earnings per share increased from $0.0568 to $0.1563, and operating cash flow increased 57.95% from $11.17M to $17.65M.

Hold 8/1/2024Upgraded
Himalaya Shipping Ltd. (HSHP) was upgraded to C- from D+ on 8/1/2024 due to an increase in the valuation index, solvency index and efficiency index. Total capital increased 24.36% from $593.7M to $738.32M.

Sell 5/2/2024Upgraded
Himalaya Shipping Ltd. (HSHP) was upgraded to D+ from D on 5/2/2024 due to a significant increase in the growth index, volatility index and total return index. Operating cash flow increased 434.8% from $1.57M to $8.41M, earnings per share increased from -$0.0479 to $0.1113, and EBIT increased 231.82% from $2.97M to $9.85M.

Sell 11/16/2023Upgraded
Himalaya Shipping Ltd. (HSHP) was upgraded to D from E+ on 11/16/2023 due to a substantial increase in the efficiency index, volatility index and valuation index. Total capital increased 25.92% from $440.3M to $554.42M.

Sell 11/7/2023Downgrade
Himalaya Shipping Ltd. (HSHP) was downgraded to E+ from D- on 11/7/2023 due to a significant decline in the volatility index, efficiency index and solvency index. Net income declined 100% from -$550 to -$1.1M.

Sell 7/3/2023Upgraded
Himalaya Shipping Ltd. (HSHP) was upgraded to D- from E+ on 7/3/2023 due to an increase in the total return index and volatility index.

Sell 4/3/2023None
Himalaya Shipping Ltd. (HSHP) was downgraded to E+ from U on 04/03/2023.