How Shipping Stocks are Reading the Waves? : Euronav, Teekay Offshore Partners, Tsakos Energy Navigation, and Navios Maritime Acquisition

May 24, 2016, 08:05 ET from Chelmsford Park SA

NEW YORK, May 24, 2016 /PRNewswire/ --

The global Shipping industry may be facing strong headwinds, but let us see how these are affecting some of the big names in the industry. Today, has uncovered these four: Euronav N.V. (NYSE: EURN), Teekay Offshore Partners L.P. (NYSE: TOO), Tsakos Energy Navigation Ltd (NYSE: TNP), and Navios Maritime Acquisition Corp. (NYSE: NNA). We invite you to join our growing community of investors and sign up for our free technical alert services at:

Belgium-based Euronav N.V. operates a fleet of vessels for the transportation and storage of crude oil and petroleum products. The Company's shares saw a correction of 1.22%, closing Monday's trading session at $9.74. The stock recorded a trading volume of 669,432 shares. The Company's shares are trading 0.64% below their 50-day moving average. Additionally, shares of Euronav traded at a PE ratio of 4.06 and have a Relative Strength Index (RSI) of 45.44. Visit us today and activate your complimentary trade alerts on EURN at:

On Monday, shares in Bermuda-based Teekay Offshore Partners L.P., which offers marine transportation, oil production, storage, long-distance towing, offshore installation and maintenance, and safety services to the offshore oil industry, recorded a trading volume of 549,496 shares. The stock saw a correction of 1.60%, ending the day at $6.14. The Company's shares have surged 115.95% in the previous three months. The stock is trading above its 50-day moving average by 6.32%. Furthermore, shares of Teekay Offshore Partners traded at a PE ratio of 19.68 and have an RSI of 54.00. Sign up for your trade alert on TOO at:

Based in Athens, Greece Tsakos Energy Navigation Ltd offers seaborne crude oil and petroleum product transportation services globally. The Company's stock finished the day 0.68% lower at $5.83 and with a total volume of 575,885 shares traded. The Company's shares have advanced 0.12% in the previous three months. The stock is trading below its 50-day moving average by 4.94%. Additionally, shares of Tsakos Energy Navigation traded at a PE ratio of 3.45 and have an RSI of 42.47. Register for free on and activate your trade alert on TNP at:

Shares in international marine transportation services provider, Navios Maritime Acquisition Corp., ended yesterday's session 2.96% lower at $1.64. The stock recorded a trading volume of 338,240 shares. The Company's shares are trading 5.09% below their 50-day moving average. Moreover, shares of Navios Maritime Acquisition traded at a PE ratio of 2.97 and have an RSI of 41.78. NNA technical alerts are available for free at:


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