Why Investors Love Shipping Stocks? - Capital Product Partners, Navios Maritime, Golden Ocean, and Kirby

Jun 02, 2016, 08:15 ET from Chelmsford Park SA

NEW YORK, June 2, 2016 /PRNewswire/ --

The Shipping industry is slowly picking up momentum, and while challenges continue to poke this segment. ActiveWallSt.com takes a look at these four companies within this space: Capital Product Partners L.P. (NASDAQ: CPLP), Navios Maritime Holdings Inc. (NYSE: NM), Golden Ocean Group Ltd (NASDAQ: GOGL), and Kirby Corp. (NYSE: KEX). Sign up to our alert service by double-clicking on the link below:

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Greece headquartered shipping Company, Capital Product Partners L.P.'s stock gained 2.72% and finished Wednesday's trading session at $3.02 with a total volume of 682,087 shares traded. In the last one month, the stock has advanced 13.87%. The Company's shares are trading above their 50-day moving average by 2.87%. Moreover, shares of Capital Product Partners have a Relative Strength Index (RSI) of 62.92. Sign up and get the alert on CPLP at:

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On Wednesday, shares in Monaco-based seaborne shipping and logistics operator, Navios Maritime Holdings Inc., recorded a trading volume of 1.07 million shares, and ended the session 2.70% higher at $1.14. The stock has gained 14.00% in the last one month and 37.35% over the previous three months. The Company's shares are trading 0.80% above their 50-day moving average. Furthermore, shares of Navios Maritime Holdings have an RSI of 60.51. The complimentary alert on NM can be activated at:

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Shares in Golden Ocean Group Ltd closed the day at $0.78, which was a correction of 2.59%. The stock recorded a trading volume of 137,245 shares. The Company engages in the transportation of bulk commodities primarily in the Capesize, Panamax, and Supramax markets. The Company's shares have surged 34.36% in the previous three months, and are trading 3.36% above their 50-day moving average. Additionally, shares of Golden Ocean Group have an RSI of 56.64. Register for free on ActiveWallSt.com and access the latest strategies on GOGL at:

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At the closing bell yesterday, shares in Kirby Corp. which operates domestic tank barges and transports bulk liquid products, ended 1.30% lower at $69.17. A total volume of 773,666 shares was traded, which was higher than their three months average volume of 558,510 shares. The stock has advanced 6.60% in the last one month, 20.23% over the previous three months, and 31.45% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 8.77% and 13.37%, respectively. Furthermore, shares of Kirby have an RSI of 65.13. The complete trade setup on KEX is available for free at:

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

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