Breakfast Technical Briefing on Shipping Stocks -- Eagle Bulk Shipping, Euronav, GasLog, and Navios Maritime Acquisition
NEW YORK, May 8, 2018 /PRNewswire/ --
If you want a free Stock Review on EGLE, EURN, GLOG, and NNA sign up now at www.wallstequities.com/registration. WallStEquities.com explores the international Shipping industry, which is responsible for the carriage of around 90% of world trade and is the life blood of the global economy. Without shipping, intercontinental trade, the bulk transport of raw materials, and the import/export of affordable food and manufactured goods would simply not be possible. In this morning's lineup are these four stocks: Eagle Bulk Shipping Inc. (NASDAQ: EGLE), Euronav N.V. (NYSE: EURN), GasLog Ltd (NYSE: GLOG), and Navios Maritime Acquisition Corp. (NYSE: NNA). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Eagle Bulk Shipping
Stamford, Connecticut headquartered Eagle Bulk Shipping Inc.'s shares gained 1.90%, closing Monday's trading session at $5.35. The stock recorded a trading volume of 237,784 shares. The Company's shares have advanced 11.69% in the last month, 21.04% over the previous three months, and 17.32% over the past year. The stock is trading 4.15% above its 50-day moving average and 13.12% above its 200-day moving average. Additionally, shares of the Company, which through its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide, have a Relative Strength Index (RSI) of 60.68.
On April 27th, 2018, Eagle Bulk Shipping announced that it will report its financial results for Q1 2018 ended March 31st, 2018 after the close of stock market trading on May 09th, 2018. Members of the senior management team will host a teleconference and webcast at 8:00 a.m. ET on May 10th, 2018, to discuss the results. Get the full research report on EGLE for free by clicking below at: www.wallstequities.com/registration/?symbol=EGLE
Euronav
On Monday, shares in Antwerp, Belgium headquartered Euronav N.V. recorded a trading volume of 330,542 shares. The stock rose 0.62%, ending the day at $8.15. The Company's shares have advanced 2.52% in the previous three months and 3.16% over the past year. The stock is trading below its 200-day moving average by 1.68%. Furthermore, shares of Euronav, which together with its subsidiaries, owns, operates, and manages a fleet of vessels for the ocean transportation and storage of crude oil and petroleum products worldwide, have an RSI of 41.92. EURN's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=EURN
GasLog
Monaco-based GasLog Ltd's stock finished the day 3.08% higher at $18.40. A total volume of 528,095 shares was traded, which was above their three months average volume of 418,010 shares. The Company's shares have advanced 9.52% in the last month and 33.82% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.94% and 2.10%, respectively. Additionally, shares of GasLog, which operates as an owner, operator, and manager of liquefied natural gas carriers providing support to international energy companies, have an RSI of 60.93.
On May 03rd, 2018, GasLog's Board of Directors declared a quarterly cash dividend of $0.15 per common share, or $12.1 million in the aggregate, payable on May 24th, 2018 to shareholders of record as of May 14th, 2018. Register for your free research report on GLOG at: www.wallstequities.com/registration/?symbol=GLOG
Navios Maritime Acquisition
Shares in Monaco-based Navios Maritime Acquisition Corp. ended yesterday's session 1.33% higher at $0.76. The stock recorded a trading volume of 210,293 shares. The Company's shares are trading 7.39% below their 50-day moving average. Moreover, shares of the Company, which provides marine transportation services worldwide, have an RSI of 39.39.
On April 19th, 2018, Navios Maritime Acquisition announced that it has completed a $71.5-million sale and leaseback agreement for four MR2 product tankers. The proceeds have been used to extinguish $69.25 million of indebtedness. The agreement provides for 24 quarterly payments of $1.5 million each, plus interest at LIBOR plus 305 bps per annum. The Company has an obligation to purchase the vessels at the end of sixth year for $35.8 million. Wall St. Equities' downloadable research report on NNA available at: www.wallstequities.com/registration/?symbol=NNA
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