NEW YORK, October 18, 2016 /PRNewswire/ --
This morning Stock-Callers.com looks at the following shipping stocks knowing that yesterday's session ended in the red with eight out of nine sectors ending in negative: Euronav N.V. (NYSE: EURN), Navios Maritime Acquisition Corporation (NYSE: NNA), GasLog Ltd (NYSE: GLOG), and Scorpio Bulkers Inc. (NYSE: SALT). On Monday, October 17, 2016, the NASDAQ Composite ended the trading session at 5,199.82, down 0.28%; the Dow Jones Industrial Average edged 0.29% lower, to finish at 18,086.40; and the S&P 500 closed at 2,126.50, down 0.30%. Learn more about these stocks by accessing their free research reports at:
Antwerp, Belgium headquartered Euronav N.V.'s stock edged 0.63% lower, to close the day at $7.85. The stock recorded a trading volume of 568,926 shares. Shares of Euronav, which owns, operates, and manages a fleet of vessels for the transportation and storage of crude oil and petroleum products, are trading 4.29% and 11.93% below its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 3.77 and has a Relative Strength Index (RSI) of 45.91. Free research report on EURN is available at:
Navios Maritime Acquisition
Monaco-based Navios Maritime Acquisition Corp.'s stock finished Monday's session 0.76% higher at $1.32 with a total volume of 498,208 shares traded. Shares of Navios Maritime Acquisition, which provides marine transportation services worldwide, have advanced 5.60% in the last one month. The Company's shares are trading below its 50-day and 200-day moving averages by 6.83% and 22.98%, respectively. Navios Maritime Acquisition's stock traded at a PE ratio of 2.27 and has an RSI of 46.01. The complimentary research report on NNA can be downloaded at:
On Monday, shares in Monaco-based GasLog Ltd ended the session 1.65% lower at $16.10 with a total volume of 465,023 shares traded. GasLog's shares have surged 24.61% in the last one month, 24.21% in the previous three months, and 47.27% in the past one year. The stock is trading 13.92% above its 50-day moving average and 39.84% above its 200-day moving average. Moreover, shares of the Company, which together with its subsidiaries, engages in the ownership, operation, and management of vessels in the liquefied natural gas market worldwide, have an RSI of 65.73. Visit us today and access our complete research report on GLOG at:
On Monday, shares in Monaco-based Scorpio Bulkers Inc. recorded a trading volume of 316,728 shares. The stock ended the day 3.69% lower at $3.65. Scorpio Bulkers' stock has gained 6.10% in the last one month and 19.67% in the previous three months. The Company is trading above its 50-day and 200-day moving averages by 3.29% and 4.96%, respectively. Furthermore, shares of Scorpio Bulkers, which together with its subsidiaries, engages in the marine transportation of dry bulk commodities, have an RSI of 50.13.
On September 27th, 2016, research firm Deutsche Bank reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $3 a share to $4.50 a share. Get free access to your research report on SALT at:
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