Shipping Stocks' Research Reports Released on Nordic American Tankers, Teekay Tankers, Overseas Shipholding, and Scorpio Bulkers
Shipping Stocks' Research Reports Released on Nordic American Tankers, Teekay Tankers, Overseas Shipholding, and Scorpio Bulkers
NEW YORK, April 12, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on NAT, TNK, OSG, and SALT which can be accessed for free by signing up to www.wallstequities.com/registration. Today's attention is redirected to the Shipping industry, which, as the engine of global trade, is instrumental and, broadly speaking, invisible in everyday life. Ninety percent of the world's goods are transported by ship, and seaborne trade supports the economies of developed and developing nations alike. In today's pre-market research, WallStEquities.com takes note of the recent performance of Nordic American Tankers Ltd (NYSE: NAT), Teekay Tankers Ltd (NYSE: TNK), Overseas Shipholding Group Inc. (NYSE: OSG), and Scorpio Bulkers Inc. (NYSE: SALT). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Nordic American Tankers
Hamilton, Bermuda-based Nordic American Tankers Ltd's stock finished Wednesday's session 4.59% higher at $2.05 with a total trading volume of 1.05 million shares. The stock is trading below its 50-day moving average by 3.57%. Shares of the Company, which engages in acquiring and chartering double-hull tankers worldwide, have a Relative Strength Index (RSI) of 53.20. Get the full research report on NAT for free by clicking below at: www.wallstequities.com/registration/?symbol=NAT
Teekay Tankers
Shares in Hamilton, Bermuda-based Teekay Tankers Ltd ended at $1.14, down 2.56% from the last trading session. The stock recorded a trading volume of 1.44 million shares, which was above its three months average volume of 1.18 million shares. The Company's shares are trading 3.52% below their 50-day moving average. Moreover, shares of Teekay Tankers, which engages in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide, have an RSI of 48.38.
On March 16(th), 2018, Teekay Tankers announced the following changes to its Board Audit Committee: (i) Richard D. Paterson has been appointed as the new Chair of the Audit Committee, effective March 15(th), 2018; and (ii) William Lawes has stepped down as Audit Committee Chair but remains on the Audit Committee and Board. Gain free access to the research report on TNK at: www.wallstequities.com/registration/?symbol=TNK
Overseas Shipholding Group
Tampa, Florida headquartered Overseas Shipholding Group Inc.'s stock ended yesterday's session 6.29% higher at $3.21 with a total trading volume of 627,694 shares. The Company's shares have advanced 34.87% in the past month and 12.63% over the previous three months. The stock is trading 40.49% and 27.76% above its 50-day and 200-day moving averages, respectively. Additionally, 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 70.69. Signing up today on Wall St. Equities will give you access to the latest report on OSG at: www.wallstequities.com/registration/?symbol=OSG
Scorpio Bulkers
On Wednesday, shares in Monaco-based Scorpio Bulkers Inc. recorded a trading volume of 284,832 shares. The stock finished 0.71% higher at $7.10. The Company's shares are trading below their 200-day moving average by 5.49%. Furthermore, shares of Scorpio Bulkers, which owns and operates dry bulk carriers, have an RSI of 48.15.
On April 03(rd), 2018, Scorpio Bulkers announced that the Company has received a commitment for a loan facility of up to $12.75 million from a leading European financial institution to finance its Kamsarmax bulk carrier to delivered from Jiangsu New Yangzijiang Shipbuilding Co Ltd in China in Q3 2018. The loan facility has a final maturity date of five years from delivery and bears interest at LIBOR, plus a margin of 2.40% per annum. Register now for today's free coverage on SALT at: www.wallstequities.com/registration/?symbol=SALT
--
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 info@wallstequities.com. Rohit Tuli, a CFA® 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 WSE. WSE 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
WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-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: info@wallstequities.com
Phone number:+21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Tom Johnson, anewmedias@gmail.com
View original content:http://www.prnewswire.com/news-releases/shipping-stocks-research-reports-released-on-nordic-american-tankers-teekay-tankers-overseas-shipholding-and-scorpio-bulkers-300628752.html
SOURCE Wall St. Equities
