NEW YORK, July 16, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: DryShips Inc. (NASDAQ: DRYS), Frontline Ltd (NYSE: FRO), Scorpio Bulkers Inc. (NYSE: SALT), GasLog Ltd (NYSE: GLOG), and Navios Maritime Partners L.P. (NYSE: NMM). Free research report on DryShips can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=DRYS On Wednesday, July 15, 2015, the NASDAQ Composite ended at 5,098.94, down 0.12%, the Dow Jones Industrial Average edged 0.02% lower, to finish the day at 18,050.17, and the S&P 500 closed at 2,107.40, down 0.07%. The losses were broad based as six out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
DryShips Inc.'s stock declined 4.29%, to close Wednesday's session at $0.56. The stock recorded a trading volume of 2.50 million shares, below its three months average volume of 3.64 million shares. Over the last one month and the previous three months, DryShips Inc.'s shares have declined 22.90% and 29.73%, respectively. Additionally, the stock has plummeted 47.63% since the start of this year. The company is trading 20.27% and 46.90% below its 50-day and 200-day moving averages, respectively. Furthermore, DryShips Inc.'s stock has a Relative Strength Index (RSI) of 37.06. Sign up and read the free notes on DRYS at:
Frontline Ltd's stock finished Wednesday's session 5.79% higher at $2.56. A total of 2.50 million shares were traded, which was below its three months average volume of 2.87 million shares. Over the last one month and the previous three months, Frontline Ltd's shares have lost 8.57% and 12.63%, respectively. However, the stock has gained 1.99% on YTD basis. The company's shares are trading above their 200-day moving average by 9.42%. Frontline Ltd's stock has an RSI of 49.72. The complimentary notes on FRO can be downloaded in PDF format at:
On Wednesday, shares in Scorpio Bulkers Inc. ended the session 0.62% lower at $1.59. The stock reported a trading volume of 2.29 million shares, below its three months average volume of 2.51 million shares. Scorpio Bulkers Inc.'s shares have declined 3.05% in the last one month, 23.92% in the previous three months and 19.29% on YTD basis. The company is trading 23.99% below its 50-day moving average and 41.60% below its 200-day moving average. Moreover, shares of Scorpio Bulkers Inc. have an RSI of 36.11. Register for free on Equity Research Institute and access the latest research on SALT at:
GasLog Ltd's stock declined 3.35%, to close the day at $17.32. The stock recorded a trading volume of 0.60 million shares, close to its three months average volume of 0.57 million shares. Over the last one month and over the past three months, GasLog Ltd's shares have lost 14.85% and 22.15%, respectively. Furthermore, the stock has declined 13.72% since the start of this year. The company's shares are trading 11.70% below their 200-day moving average. Additionally, GasLog Ltd traded at a PE ratio of 34.64 and has an RSI of 26.79. The complete research on GLOG is available for free at:
On Wednesday, shares in Navios Maritime Partners L.P. recorded a trading volume of 0.49 million shares, lower than their three months average volume of 0.56 million shares. The stock ended the day 2.87% lower at $10.49. Shares of the company traded at a PE ratio of 12.95. Navios Maritime Partners L.P.'s stock has lost 1.96% in the last one month and 11.49% in the previous three months. However, the stock has advanced 11.02% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 4.59% and 11.52%, respectively. Furthermore, shares of Navios Maritime Partners L.P. have an RSI of 43.72. Free in-depth research on NMM is available at:
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