NEW YORK, February 14, 2017 /PRNewswire/ --
Stock-Callers.com has initiated coverage on four equities in the Shipping industry, which are: Euroseas Ltd (NASDAQ: ESEA), Seanergy Maritime Holdings Corp. (NASDAQ: SHIP), Navios Maritime Holdings Inc. (NYSE: NM), and Golar LNG Ltd (NASDAQ: GLNG). According to an article on Hellenic Shipping News Worldwide, the international shipping sector is banking on forecasts that predict growth in the China-led trade of commodities to create an increasingly integrated global infrastructure for services. The latest data show signs of recovery, with Chinese imports of commodities a driver. These stocks research reports can be downloaded now by simply registering for free at:
Maroussi, Greece-based Euroseas Ltd's stock finished Monday's session 6.75% higher at $1.74 with a total trading volume of 1.38 million shares. The Company's shares have advanced 8.75% in the past month, 23.40% over the previous three months, and 2.96% on an YTD basis. The stock is trading below its 50-day moving average by 4.16%. Furthermore, shares of Euroseas, which provides ocean-going transportation services worldwide, have a Relative Strength Index (RSI) of 53.41.
On February 13th, 2017, Euroseas announced that it will release its financial results for Q4 ended December 31, 2016 on February 16th, 2017, before the market opens in New York. On the same day, at 10:30 a.m. ET, the Company's management will host a conference call and webcast to discuss the results. Your complete research report on ESEA can be retrieved for free at:
Shares in Athens, Greece-based Seanergy Maritime Holdings Corp. ended flat at $1.05 with a total trading volume of 463,497 shares. The stock is trading 21.47% below its 50-day moving average. Shares of the Company, which through its subsidiaries, provides seaborne transportation of dry bulk commodities, have an RSI of 36.28.
On December 13th, 2016, Seanergy Maritime announced that it has taken delivery of a 178,978 dwt Capesize dry bulk vessel, renamed to M/V Knightship and built in 2010 by Hyundai Heavy Industries in South Korea. A free report on SHIP is just a click away at:
Monaco-based Navios Maritime Holdings Inc.'s stock ended yesterday's session 5.26% higher at $2.00 with a total trading volume of 833,180 shares. The Company's shares have surged 25.00% in the past month, 63.93% over the previous three months, and 41.84% since the start of this year. The stock is trading 21.37% above its 50-day moving average and 64.04% above its 200-day moving average. Additionally, shares of Navios Maritime Holdings, which operates as a seaborne shipping and logistics company, have an RSI of 61.19. Sign up for your complimentary research report on NM at:
At the close of trading on Monday, shares in Hamilton, Bermuda headquartered Golar LNG Ltd recorded a trading volume of 910,863 shares. The stock finished 1.97% lower at $27.92. The Company's shares have gained 12.49% in the last one month, 16.29% in the previous three months, and 21.71% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.98% and 34.05%, respectively. Furthermore, shares of Golar, which engages in the transportation, regasification, liquefaction, and trading of LNG, have an RSI of 60.98.
On January 27th, 2017, research firm Nordea downgraded the Company's stock rating from 'Buy' to 'Hold'.
On February 13th, 2017, Golar LNG announced that it intends to offer, subject to market and other conditions, $350 million aggregate principal amount of Convertible Senior Notes due 2022 in a private placement. The Company also intends to grant the initial purchasers of the Notes a 30-day option to purchase up to an additional $52.5 million aggregate principal amount of the Notes in connection with the offering, solely to cover overallotments. The Notes will be senior, unsecured obligations of the Company, pay interest semiannually in arrears on February 15th and August 15th, mature on February 15th, 2022, and be convertible into the Company's common shares, cash, or a combination of shares and cash, at the Company's election. Register for free on Stock-Callers.com and download the latest research report on GLNG at:
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