How Shipping Stocks are Reading the Waves? : Euronav, Teekay Offshore Partners, Tsakos Energy Navigation, and Navios Maritime Acquisition

May 24, 2016, 08:05 ET from Chelmsford Park SA

NEW YORK, May 24, 2016 /PRNewswire/ --

The global Shipping industry may be facing strong headwinds, but let us see how these are affecting some of the big names in the industry. Today, ActiveWallSt.com has uncovered these four: Euronav N.V. (NYSE: EURN), Teekay Offshore Partners L.P. (NYSE: TOO), Tsakos Energy Navigation Ltd (NYSE: TNP), and Navios Maritime Acquisition Corp. (NYSE: NNA). We invite you to join our growing community of investors and sign up for our free technical alert services at:

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Belgium-based Euronav N.V. operates a fleet of vessels for the transportation and storage of crude oil and petroleum products. The Company's shares saw a correction of 1.22%, closing Monday's trading session at $9.74. The stock recorded a trading volume of 669,432 shares. The Company's shares are trading 0.64% below their 50-day moving average. Additionally, shares of Euronav traded at a PE ratio of 4.06 and have a Relative Strength Index (RSI) of 45.44. Visit us today and activate your complimentary trade alerts on EURN at:

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On Monday, shares in Bermuda-based Teekay Offshore Partners L.P., which offers marine transportation, oil production, storage, long-distance towing, offshore installation and maintenance, and safety services to the offshore oil industry, recorded a trading volume of 549,496 shares. The stock saw a correction of 1.60%, ending the day at $6.14. The Company's shares have surged 115.95% in the previous three months. The stock is trading above its 50-day moving average by 6.32%. Furthermore, shares of Teekay Offshore Partners traded at a PE ratio of 19.68 and have an RSI of 54.00. Sign up for your trade alert on TOO at:

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Based in Athens, Greece Tsakos Energy Navigation Ltd offers seaborne crude oil and petroleum product transportation services globally. The Company's stock finished the day 0.68% lower at $5.83 and with a total volume of 575,885 shares traded. The Company's shares have advanced 0.12% in the previous three months. The stock is trading below its 50-day moving average by 4.94%. Additionally, shares of Tsakos Energy Navigation traded at a PE ratio of 3.45 and have an RSI of 42.47. Register for free on ActiveWallSt.com and activate your trade alert on TNP at:

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Shares in international marine transportation services provider, Navios Maritime Acquisition Corp., ended yesterday's session 2.96% lower at $1.64. The stock recorded a trading volume of 338,240 shares. The Company's shares are trading 5.09% below their 50-day moving average. Moreover, shares of Navios Maritime Acquisition traded at a PE ratio of 2.97 and have an RSI of 41.78. NNA technical alerts are available for free at:

http://www.activewallst.com/

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