Why Investors Love These Shipping's Stocks? - Nordic American Tankers, Frontline, GasLog, and Ultrapetrol

Jun 09, 2016, 08:15 ET from Chelmsford Park SA

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

After facing rough waters the previous year, the Shipping industry is now steadily heading toward calmer seas, making stocks in this space an interesting observation. This morning, ActiveWallSt.com steers investors' attention back to Nordic American Tankers Ltd (NYSE: NAT), Frontline Ltd (NYSE: FRO), GasLog Ltd (NYSE: GLOG), and Ultrapetrol (NASDAQ: ULTR). Learn more about these stocks and access their free alerts by clicking below:

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

Hamilton, Bermuda-based tanker Company, Nordic American Tankers Ltd's stock finished Wednesday's session 1.95% higher at $15.69. A total volume of 1.51 million shares was traded, which was above their three months average volume of 1.31 million shares. The Company's shares have advanced 0.90% in the last month, 20.78% in the previous three months, and 7.08% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.82% and 13.55%, respectively. Moreover, shares of Nordic American Tankers have a Relative Strength Index (RSI) of 65.96. Sign up and get the alert on NAT at:

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

Frontline Ltd., a subsidiary of Hemen Holding Ltd., is headquartered in Hamilton, Bermuda. Shares in the Company ended the session 4.91% higher at $10.26. A total volume of 3.03 million shares was traded, which was above their three months average volume of 1.06 million shares. The stock has advanced 31.88% in the last month and 19.03% over the previous three months. The Company's shares are trading 26.02% above their 50-day moving average. Moreover, Frontline's stock has an RSI of 76.38. The complimentary alert on FRO can be activated at:

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

Monaco-based maritime and LNG vessel management services provider, GasLog Ltd's stock gained 1.91%, closing the session at $13.85 and with a total volume of 478,471 shares traded. The Company's shares have advanced 19.33% in the last one month, 24.75% in the previous three months, and 71.05% since the start of this year. The stock is trading 19.07% above its 50-day moving average and 33.75% above its 200-day moving average. Additionally, shares of GasLog have an RSI of 71.40. Register for free on ActiveWallSt.com and access the latest strategies on GLOG at:

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

On Wednesday, shares in Industrial shipping Company, Ultrapetrol, closed the session 4.64% higher at $0.35 and with a total volume of 136,870 shares traded. The stock has gained 7.91% in the last month, 64.43% over the previous three months, and 213.91% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 23.76% and 13.19%, respectively. Furthermore, Ultrapetrol's stock has an RSI of 56.41. The complete trade setup on ULTR is available for free at:

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

 

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