NEW YORK, February 27, 2017 /PRNewswire/ --
This morning, Stock-Callers.com have issued research reports on Euronav N.V. (NYSE: EURN), Diana Shipping Inc. (NYSE: DSX), Navios Maritime Acquisition Corp. (NYSE: NNA), and Kirby Corp. (NYSE: KEX). According to the Baltic and International Maritime Council, a Denmark-based international shipping organization, the Shipping industry will face rough seas going forward in 2017 as the International Monetary Fund is anticipating the lowest level of global GDP growth since 2009. Register now and get full and free access to our downloadable research reports on these stocks at:
Last Friday, shares in Antwerp, Belgium headquartered Euronav N.V. ended the session 0.62% lower at $8.00. The stock recorded a trading volume of 325,263 shares. The Company's shares have advanced 3.23% in the previous three months and 0.63% since the start of this year. The stock is trading above its 50-day moving average by 0.34%. Furthermore, shares of Euronav, which owns, operates, and manages a fleet of vessels for the transportation and storage of crude oil and petroleum products, have a Relative Strength Index (RSI) of 49.57.
On January 26th, 2017, Euronav reported revenue of $146.28 million for Q4 2016, as compared to revenue of $225.64 million in Q4 2015, The Company posted a net profit of $50.0 million, or $0.32 per share, compared to Q4 2015 net profit of $104.9 million, or $0.66 per share. Access our complete research report on EURN for free at:
Athens, Greece-based Diana Shipping Inc.'s stock finished 3.47% lower at $3.62, with a total trading volume of 496,795 shares. The Company's shares have gained 12.07% in the previous three months and 19.87% on an YTD basis. The stock is trading above its 200-day moving average by 24.09%. Moreover, shares of Diana Shipping, which provides shipping transportation services, have an RSI of 43.06.
On January 27th, 2017, research firm Nordea upgraded the Company's stock rating from 'Hold' to 'Buy'.
On February 16th, 2017, Diana Shipping announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Houston, for a period of about thirteen months to maximum fifteen months. The gross charter rate is US$5,150 per day for the first fifteen days of the charter period and US$10,000 per day for the balance period of the time charter, in each case minus a 5% commission paid to third parties. The Company stated that the employment extension of "Houston" is anticipated to generate approximately US$3.68 million of gross revenue for the minimum scheduled period of the time charter. The complimentary research report on DSX can be downloaded at:
Navios Maritime Acquisition
Shares in Monaco-based Navios Maritime Acquisition Corp. closed the day 1.58% lower at $1.87. The stock recorded a trading volume of 771,370 shares, which was above its three months average volume of 588,150 shares. The Company's shares have gained 12.65% over the previous three months and 10.00% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.74% and 16.58%, respectively. Moreover, shares of Navios Maritime Acquisition, which provides marine transportation services worldwide, have an RSI of 53.67.
On February 09th, 2017, Navios Maritime reported that revenue for Q4 2016 decreased by 12.3% to $67.3 million, compared to $76.7 million for Q4 2015. The Company's available days of the fleet decreased to 3,343 days for Q4 2016 compared to 3,386 days for Q4 2015. Navios Maritime's EBITDA decreased by approximately $2.7 million to $49.9 million for Q4 2016 from $52.6 million in Q4 2015. The Company's net income for Q4 2016 decreased by approximately $2.0 million, to $18.1 million compared to $20.1 million for Q4 2015. Register for free on Stock-Callers.com and get access to the latest PDF format report on NNA at:
Houston, Texas headquartered Kirby Corp.'s shares recorded a trading volume of 352,751 shares last Friday. The stock closed 0.14% lower at $69.85. The Company's shares have advanced 4.64% in the past month, 7.05% in the previous three months, and 5.04% on an YTD basis. The stock is trading 3.24% above its 50-day moving average and 10.86% above its 200-day moving average. Additionally, shares of Kirby, which operates domestic tank barges and transports bulk liquid products, have an RSI of 52.90.
On February 01st, 2017, Kirby announced net earnings attributable to Kirby for Q4 2016 of $32.4 million, or $0.60 per share, compared to $50.7 million, or $0.94 per share, for Q4 2015. The Company's consolidated revenues for Q4 2016 were $435.7 million, compared to $484.1 million reported for Q4 2015.
On February 03rd, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Underperform' to 'Market Perform'. Download your free research report on KEX at:
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