Pre-Market Technical Recap on Shipping Stocks -- DryShips, Globus Maritime, Nordic American Tankers, and Teekay Offshore Partners

NEW YORK, October 18, 2017 /PRNewswire/ --

If you want a Stock Review on DRYS, GLBS, NAT, or TOO then come over to http://dailystocktracker.com/register and sign up for your free customized report. This morning's attention is directed to the Shipping industry, which transports cargo through designated sea routes. It can be broadly classified into wet bulk, dry bulk, and liners. Pre-market, DailyStockTracker.com monitors the following companies today: DryShips Inc. (NASDAQ: DRYS), Globus Maritime Ltd (NASDAQ: GLBS), Nordic American Tankers Ltd (NYSE: NAT), and Teekay Offshore Partners L.P. (NYSE: TOO). Daily Stock Tracker provides great insights on these stocks in its free research reports at:http://dailystocktracker.com/register

DryShips 

Athens, Greece-based DryShips Inc.'s shares saw a slight decline of 0.31%, finishing Tuesday's trading session at $3.21. A total volume of 2.35 million shares was traded. In the last month, the stock has advanced 26.38%. The Company's shares are trading above their 50-day moving average by 16.85%. Moreover, shares of DryShips, which owns and operates ocean going cargo vessels worldwide, have a Relative Strength Index (RSI) of 57.21.

On October 04th, 2017, DryShips announced the final results of its previously announced rights offering of shares of its common stock, par value $0.01 per share, which expired at 5:00 p.m. NYC Time on October 02nd, 2017. The offering was fully financed, and the Company raised $100.0 million of gross proceeds, including a $99.2 million investment by Sierra Investments Inc., an entity affiliated with the Company's Chairman and CEO, Mr. George Economou, pursuant to a backstop commitment by Sierra. Free research report on DRYS is available at: http://dailystocktracker.com/registration/?symbol=DRYS

Globus Maritime 

On Tuesday, shares in Athens, Greece-based Globus Maritime Ltd recorded a trading volume of 38,379 shares, and ended the session 0.52% lower at $0.94. The stock is trading 2.56% below its 50-day moving average. Shares of the Company, which provides marine transportation services worldwide, have an RSI of 47.59.

On September 27th, 2017, Globus Maritime announced that an investor holding warrants originally issued pursuant to its February 2017 private placement has elected to exercise its right to purchase 500,000 of the Company's common shares at a price of $1.60 per share. The complimentary research report on GLBS can be downloaded at: http://dailystocktracker.com/registration/?symbol=GLBS

Nordic American Tankers 

Shares in Hamilton, Bermuda-based Nordic American Tankers Ltd closed at $5.46, climbing 1.11% from the last trading session. The stock recorded a trading volume of 556,590 shares. The Company's shares have gained 3.21% in the last one month. The stock is trading 4.76% above its 50-day moving average. Additionally, shares of Nordic American Tankers, which engages in acquiring and chartering double-hull tankers worldwide, have an RSI of 55.90.

On October 12th, 2017, Nordic American Tankers (NAT) announced that on its website is posted an excerpt of a tanker market report dated October 09th , 2017. The "Shipping Quarterly" report has been prepared by Clarksons Platou Securities AS, Oslo, Norway. NAT included this report on its website as the Company often receives requests from shareholders about the prospects for the tanker market and related subjects. The report does not necessarily reflect the view of the Company. Visit DailyStockTracker.com today and access our complete research report on NAT at: http://dailystocktracker.com/registration/?symbol=NAT

Teekay Offshore Partners 

Hamilton, Bermuda headquartered Teekay Offshore Partners L.P.'s stock ended 2.21% lower at $2.66 with a total trading volume of 362,208 shares. The Company's shares have advanced 2.31% in the last one month and 9.02% over the previous three months. The stock is trading above its 50-day moving average by 7.22%. Furthermore, shares of the Company, which provides marine transportation, oil production, storage, long-distance towing, offshore installation and maintenance, and safety services to the energy and oil service companies in the North Sea, Brazil, and the East Coast of Canada, have an RSI of 59.64.

On October 06th, 2017, Teekay Offshore Partners announced that the Randgrid FSO, which was converted from one of the Partnership's shuttle tankers at Sembcorp's Sembawang shipyard in Singapore, has commenced its charter contract with Statoil ASA on the Gina Krog oil and gas field in the Norwegian sector of the North Sea. Get free access to your research report on TOO at: http://dailystocktracker.com/registration/?symbol=TOO

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