Jun 20, 2017   SOURCE: PR NewsWire

Initiating Research Reports on Shipping Equities -- Top Ships, DHT Holdings, Golar LNG, and Nordic American Tankers

NEW YORK, June 20, 2017 /PRNewswire/ --

If you want a stock review on TOPS, DHT, GLNG, or NAT then come over to http://dailystocktracker.com/register and sign up for your free customized reports today. DailyStockTracker.com has issued research reports on Top Ships Inc. (NASDAQ: TOPS), DHT Holdings Inc. (NYSE: DHT), Golar LNG Ltd (NASDAQ: GLNG), and Nordic American Tankers Ltd (NYSE: NAT). The Shipping industry transports cargo through designated sea routes. It can be broadly classified into wet bulk, dry bulk, and liners. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:

http://dailystocktracker.com/register

Top Ships 

Maroussi, Greece-based Top Ships Inc.'s stock finished Monday's session 9.09% lower at $0.20. A total volume of 2.45 million shares was traded, which was above their three months average volume of 1.57 million shares. The Company's shares are trading below their 50-day moving average by 95.10%. Furthermore, shares of Top Ships, which provides seaborne transportation services worldwide, have a Relative Strength Index (RSI) of 4.76.

On May 30th, 2017, Top Ships announced that it has entered into an agreement with a related party to purchase, for $6.5 million, an additional 41% interest in Eco Seven Inc., a Marshall Islands company that owns M/T Stenaweco Elegance, a 50,188 dwt Medium Range product tanker, which is operating under a three-year time charter at a rate of $16,500 per day expiring in March 2020. Visit us today and access our complete research report on TOPS at:

http://dailystocktracker.com/registration/?symbol=TOPS

DHT Holdings 

Shares in Hamilton, Bermuda headquartered DHT Holdings Inc. ended at $3.88, down 0.51% from the last trading session. The stock recorded a trading volume of 913,949 shares. The Company's shares are trading 10.18% below their 200-day moving average. Moreover, shares of DHT Holdings, which through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore, have an RSI of 32.66.

On June 19th, 2017, DHT Holdings announced that the legal action filed by Frontline Ltd in the High Court of the Republic of the Marshall Islands, which challenged the Company's transaction with BW Group and its Rights Plan, has been dismissed with prejudice. Frontline is now precluded from bringing similar claims against the Company, its directors, and BW Group in any other court. The complimentary report on DHT can be downloaded at:

http://dailystocktracker.com/registration/?symbol=DHT

Golar LNG 

Hamilton, Bermuda headquartered Golar LNG Ltd's stock ended yesterday's session 1.53% lower at $21.24 with a total trading volume of 1.06 million shares. The Company's shares are trading 14.22% below their 200-day moving average. Shares of the Company, which engages in the transportation, regasification, liquefaction, and trading of LNG, have an RSI of 34.35.

On May 31st, 2017, Golar LNG reported interim results for the period ended March 31st, 2017. Net loss for the quarter was $65.8 million, operating loss was $41.4 million, interest expense was $19.3 million, and EBITDA was $16.2 million. During Q1 2017, the Company issued a $402.5-million, 2.75%, five-year unsecured convertible bond with a capped call that gives an effective conversion premium and price of 75% and $48.86, respectively. Register for free on DailyStockTracker.com and access the latest research report on GLNG at:

http://dailystocktracker.com/registration/?symbol=GLNG

Nordic American Tankers 

On Monday, shares in Hamilton, Bermuda-based Nordic American Tankers Ltd recorded a trading volume of 888,869 shares. The stock finished 1.33% lower at $5.92. The Company's shares are trading below their 50-day moving average by 17.94%. Furthermore, shares of Nordic American Tankers, which engages in acquiring and chartering double-hull tankers worldwide, have an RSI of 35.17.

On June 02nd, 2017, Nordic American Tankers, the largest shareholder of Nordic American Offshore (NAO), announced that a company owned by NAO Executive Chairman, Herbjorn Hansson, and his son, Alexander, bought 1,000,000 shares in NAO at an average price of $1.21 per share. Over the last few weeks, as from Tuesday, May 09th, 2017, the Hansson family has acquired 3,881,007 NAO shares in aggregate at an average price of $1.16 per share. Register for free on DailyStockTracker.com and access the latest research report on NAT at:

http://dailystocktracker.com/registration/?symbol=NAT

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