NEW YORK, November 27, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members
with timely information WallStEquities.com has issued free tailored
Stock Review on SBLK, TOPS, GLNG, and TNK which is a click away at
http://www.wallstequities.com/registration. Today's research on
WallStEquities.com is centered on the Shipping industry, which is
the lifeblood of the global economy. According to a report on The
Balance last July, while the sector has struggled over the past
several years, investors may want to consider adding exposure into
their portfolios as the global economic rebound continues in 2017.
Lined up for assessment this morning are the following companies:
Star Bulk Carriers Corp. (NASDAQ: SBLK), Top Ships Inc. (NASDAQ:
TOPS), Golar LNG Ltd (NASDAQ: GLNG), and Teekay Tankers Ltd (NYSE:
TNK). Free Downloads on Wall St. Equities today, sign up now and
access these stocks' research reports at:
http://www.wallstequities.com/registration
Star Bulk Carriers
Maroussi, Greece-based Star
Bulk Carriers Corp.'s shares rose 1.46%, finishing last Friday's
session at $9.75. A total volume of
331,763 shares was traded. The stock has surged 90.80% since the
start of this year. The Company's shares are trading below their
200-day moving average by 1.50%. Additionally, shares of the
Company, which engages in the ocean transportation of dry bulk
cargoes worldwide, have a Relative Strength Index (RSI) of
47.45.
On October 30th, 2017,
Star Bulk Carriers (SBLK) announced the expansion and
diversification of the Company's commercial activity with the
launch of the new subsidiary Star Logistics Management S.A. Star
Logistics will focus on servicing the end user by connecting
origination and destination of dry bulk commodities. The move is
expected to further expand the commercial capability of SBLK
through additional commercial expertise and advanced tools on the
Kamsarmax and geared bulk carriers. Free Access to this morning's
research report on SBLK at:
http://www.wallstequities.com/registration/?symbol=SBLK
Top Ships
On Friday, shares in Maroussi, Greece-based Top Ships Inc. ended the session
6.36% lower at $0.47. The stock
recorded a trading volume of 5.24 million shares. The Company's
shares are trading below their 50-day moving average by 30.07%.
Moreover, shares of Top Ships, which provides seaborne
transportation services worldwide, have an RSI of 44.32.
On November 24th, 2017,
Top Ships announced that it has acquired all of the outstanding
shares of PCH77 Shipping Company Limited, a Marshall Islands company that owns a new
building contract for M/T Eco California, a high specification
50,000 dwt Medium Range product/chemical tanker under construction
at Hyundai Mipo Dockyard Co., Ltd. in Korea from an entity
affiliated with the Company's Chairman and CEO, Mr. Evangelos Pistiolis. The Company paid
$3.6 million for the outstanding
shares and the vessel is scheduled for delivery during January 2019. Find your free research report TOPS
at:
http://www.wallstequities.com/registration/?symbol=TOPS
Golar LNG
Hamilton, Bermuda headquartered
Golar LNG Ltd's stock declined 0.25%, to close the day at
$24.41 with a total trading volume of
532,535 shares. The Company's shares have advanced 22.72% in the
last one month, 13.43% over the previous three months, and 6.41%
since the start of this year. The stock is trading 10.25% and 1.80%
above its 50-day and 200-day moving averages, respectively.
Additionally, shares of Golar LNG have an RSI of 66.89.
On October 30th, 2017,
research firm ABN Amro upgraded the Company's stock rating from
'Hold' to 'Buy'.
On November 10th, 2017,
Golar LNG announced that its Q3 2017 results will be released
before the NASDAQ opens on November
30th, 2017. In connection with this, a webcast
presentation will be held at 3:00 p.m. London Time that same
day. The presentation will be available under the Investor
Relations section of the Company's website. Sign up today for the
free research report on GLNG at:
http://www.wallstequities.com/registration/?symbol=GLNG
Teekay Tankers
Shares in Hamilton,
Bermuda-based Teekay Tankers Ltd recorded a trading volume
of 1.96 million shares, which was above their three months average
volume of 955,190 shares. The stock ended at $1.60, jumping 5.26% from the last trading
session. The Company's shares have gained 5.26% over the previous
three months. The stock is trading above its 50-day moving average
by 1.72%. Furthermore, shares of Teekay Tankers have an RSI of
60.02.
On November 17th, 2017,
Teekay Tankers (TNK) announced that its shareholders voted to
approve the Company's charter amendment to allow it to affect the
previously announced merger with Tanker Investments Ltd. (TIL).
Concurrently, TIL also announced that its shareholders voted to
approve the Agreement and Plan of Merger with TNK. The merger has
also been approved by the Board of Directors of both companies.
Wall St. Equities' research coverage also include the downloadable
free report on TNK at:
http://www.wallstequities.com/registration/?symbol=TNK
--
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