Aug 1, 2017   SOURCE: PR NewsWire

Breakfast Technical Briefing on Shipping Stocks -- DryShips, Globus Maritime, Diana Shipping, and Overseas Shipholding

NEW YORK, August 1, 2017 /PRNewswire/ --

If you want a Stock Review on DRYS, GLBS, DSX or OSG then come over to http://dailystocktracker.com/register and sign up for your free customized report today. The international Shipping industry is responsible for the carriage of around 90% of world trade, according to ICS. There are roughly 50,000 merchant ships registered in over 150 nations manned by over a million seafarers generating over a half trillion dollars per year in freight rates. For today, DailyStockTracker.com monitors DryShips Inc. (NASDAQ: DRYS), Globus Maritime Ltd (NASDAQ: GLBS), Diana Shipping Inc. (NYSE: DSX), and Overseas Shipholding Group Inc. (NYSE: OSG). Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register

DryShips 

Athens, Greece-based DryShips Inc.'s shares plummeted 10.00%, closing Monday's trading session at $1.08. The stock recorded a trading volume of 7.85 million shares, which was above its three months average volume of 2.81 million shares. The Company's shares are trading 97.47% below their 50-day moving average. Additionally, shares of DryShips, which owns and operates ocean going cargo vessels worldwide, have a Relative Strength Index (RSI) of 14.23.  

On July 27th, 2017, DryShips announced the appointment of two new directors, Anthony Kandylidis and Andreas Argyropoulos. Mr. Kandylidis has served as the Company's President and CFO since December 2016, and was previously its Executive Vice President since January 2015. Mr. Argyropoulos worked for Ocean Rig UDW Inc. for five years in various positions, including Communications Manager. See our free and comprehensive research report on DRYS at: http://dailystocktracker.com/registration/?symbol=DRYS

Globus Maritime 

On Monday, shares in Athens, Greece-based Globus Maritime Ltd recorded a trading volume of 214,819 shares. The stock dropped 5.61%, ending the day at $1.01. The Company's shares are trading below their 50-day moving average by 16.39%. Furthermore, shares of Globus Maritime, which provides marine transportation services worldwide, have an RSI of 37.36.  

On July 06th, 2017, Globus Maritime reported its unaudited consolidated operating and financial results for the quarter ended March 31st, 2017. Financial highlights for Q1 2017 included total revenues of $2.7 million; total comprehensive loss of $2.3 million, or $0.14 basic loss per share; and average operating expenses per vessel per day of $4.9 million shares. As of March 31st, 2017, the Company had cash and cash equivalents of $1.3 million. GLBS free research report is just a click away at: http://dailystocktracker.com/registration/?symbol=GLBS

Diana Shipping 

Athens, Greece-based Diana Shipping Inc.'s stock finished the day 0.26% higher at $3.87 with a total trading volume of 331,309 shares. The Company's shares have advanced 28.15% on an YTD basis. The stock is trading above its 200-day moving average by 2.80%. Additionally, shares of Diana Shipping, which provides shipping transportation services, have an RSI of 46.96.

On July 27th, 2017, Diana Shipping announced that, through a separate, wholly owned subsidiary, the Company has entered into a time-charter contract with Glencore Agriculture B.V., Rotterdam for one of its Kamsarmax dry bulk vessels - the m/v Maia. The gross charter rate is US$10,125 per day, minus a 5% commission paid to third parties, for a period of minimum 12 months to maximum 15 months.  Sign up for your complimentary report on DSX at: http://dailystocktracker.com/registration/?symbol=DSX

Overseas Shipholding 

Shares in Tampa, Florida headquartered Overseas Shipholding Group Inc. ended yesterday's session 6.94% higher at $3.08. The stock recorded a trading volume of 515,040 shares. The Company's shares have advanced 19.84% in the last one month. The stock is trading 12.13% above its 50-day moving average. Moreover, shares of Overseas Shipholding, which owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the US, have an RSI of 62.68.  Register for free on DailyStockTracker.com and download the latest research report on OSG at: http://dailystocktracker.com/registration/?symbol=OSG

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA(R) charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer 

        

        CONTACT 
        For any questions, inquiries, or comments reach out to us directly. If you're a company
         we are covering and wish to no longer feature on our coverage list contact us via
         email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: 
        Email: contact@dailystocktracker.com 
        Phone number: (207)331-3313 
        Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA