Shipping Stocks on the Move - Eagle Bulk Shipping, Teekay, Diana Shipping, and Navios Maritime Partners

Jun 09, 2016, 08:55 ET from Chelmsford Park SA

NEW YORK, June 9, 2016 /PRNewswire/ --

On Wednesday, June 08, 2016, the NASDAQ Composite ended the trading session at 4,974.64, up 0.26%; the Dow Jones Industrial Average advanced 0.37% to finish at 18,005.05; and the S&P 500 closed at 2,119.12, up 0.33%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: Eagle Bulk Shipping Inc. (NASDAQ: EGLE), Teekay Corporation (NYSE: TK), Diana Shipping Inc. (NYSE: DSX), and Navios Maritime Partners L.P. (NYSE: NMM). Learn more about these stocks by accessing their free trade alerts at:

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On Wednesday, shares in Stamford, Connecticut headquartered Eagle Bulk Shipping Inc., which through its subsidiaries engages in the ocean transportation of dry bulk cargoes worldwide, ended the day flat at $0.56 with a total volume of 228,731 shares traded. The stock is trading below its 50-day moving average by 4.34%. Furthermore, shares of Eagle Bulk Shipping have a Relative Strength Index (RSI) of 43.21. Sign up and read the free notes on EGLE at:

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Teekay Corp. primarily provides crude oil and gas marine transportation services in Bermuda and internationally. The stock gained 1.88% to close the day at $10.27 with a total volume of 938,860 shares traded. The Company's shares have gained 6.87% in the last one month and 27.41% in the previous three months. The stock is trading 4.30% above its 50-day moving average. Additionally, Teekay's stock has an RSI of 55.05. The complimentary notes on TK can be downloaded in PDF format at:

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On Wednesday, shares in Athens, Greece-based shipping transportation services provider, Diana Shipping Inc., ended the session 5.28% higher at $2.59 with a total volume of 288,373 shares traded. The stock is trading 6.55% below its 50-day moving average. Moreover, shares of Diana Shipping have an RSI of 48.57. Register for free on ActiveWallSt.com and access the latest research on DSX at:

http://www.activewallst.com/register/

Navios Maritime Partners L.P.'s stock finished Wednesday's session 0.70% higher at $1.44 with a total volume of 255,058 shares traded. The Company owns and operates dry cargo vessels in Europe, Asia, North America, and Australia. Over the last one month and the previous three months, the Company's shares have advanced 5.11% and 3.60%, respectively. The stock is trading below its 50-day moving average by 1.65%. Navios Maritime Partners' stock has an RSI of 52.05. Get free access to your trade alert on NMM at:

http://www.activewallst.com/register/

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