Shipping Stocks in Motion -- Scorpio Tankers, Nordic American Tankers, Teekay Tankers, Diana Shipping, and Kirby

Aug 10, 2015, 09:00 ET from www.equityresearchinstitute.com

NEW YORK, August 10, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Scorpio Tankers Inc. (NYSE: STNG), Nordic American Tankers Ltd (NYSE: NAT), Teekay Tankers Ltd (NYSE: TNK), Diana Shipping Inc. (NYSE: DSX), and Kirby Corporation (NYSE: KEX). Free research report on Scorpio Tankers can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=STNG On Friday, August 07, 2015, the NASDAQ Composite ended at 5,043.54, down 0.26%, the Dow Jones Industrial Average lost 0.27%, to finish the day at 17,373.38, and the S&P 500 closed at 2,077.57, down 0.29%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

On Friday, shares in Scorpio Tankers Inc. recorded a trading volume of 1.93 million shares, lower than their three months average volume of 2.46 million shares. The stock ended the day 1.03% lower at $10.55. Shares of the company traded at a PE ratio of 36.38. Scorpio Tankers Inc.'s stock has advanced 3.63% in the last one month, 15.35% in the previous three months and 24.81% on YTD basis. The company is trading above its 50-day and 200-day moving averages by 2.63% and 16.84%, respectively. Furthermore, shares of Scorpio Tankers Inc. have a Relative Strength Index (RSI) of 46.83. Sign up and read the free notes on STNG at:

https://www.EquityResearchInstitute.com/reports?keyword=STNG

Nordic American Tankers Ltd's stock edged 0.13% higher, to close Friday's session at $14.87. The stock recorded a trading volume of 2.16 million shares, above its three months average volume of 1.95 million shares. Over the last one month and the previous three months, Nordic American Tankers Ltd's shares have advanced 4.10% and 34.49%, respectively. Additionally, the stock has surged 59.29% since the start of this year. The company is trading 3.51% and 34.81% above its 50-day and 200-day moving averages, respectively. Furthermore, Nordic American Tankers Ltd's stock traded at a PE ratio of 99.13 and has an RSI of 47.20. The complimentary notes on NAT can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=NAT

Teekay Tankers Ltd's stock finished Friday's session 0.28% lower at $7.16. A total of 1.77 million shares were traded, which was below its three months average volume of 1.91 million shares. Over the last one month and the previous three months, Teekay Tankers Ltd's shares have gained 7.18% and 15.44%, respectively. Additionally, the stock has surged 43.48% since the beginning of 2015. The company's shares are trading above their 200-day moving averages by 22.33%. Teekay Tankers Ltd's stock traded at a PE ratio of 10.53 and has an RSI of 49.59. Register for free on Equity Research Institute and access the latest research on TNK at:

https://www.EquityResearchInstitute.com/reports?keyword=TNK

On Friday, shares in Diana Shipping Inc. ended the session 0.27% lower at $7.52. The stock reported a trading volume of 0.22 million shares, below its three months average volume of 0.56 million shares. Diana Shipping Inc.'s shares have advanced 6.21% in the last one month, 9.30% in the previous three months and 12.07% on YTD basis. The company is trading 3.29% above its 50-day moving average and 7.42% above its 200-day moving average. Moreover, shares of Diana Shipping Inc. have an RSI of 52.23. The complete research on DSX is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=DSX

Kirby Corp.'s stock lost 1.66%, to close the day at $70.70. The stock recorded a trading volume of 0.26 million shares, below its three months average volume of 0.53 million shares. Over the last one month and over the past three months, Kirby Corp.'s shares have declined 6.75% and 15.25%, respectively. Furthermore, the stock has plummeted 12.43% since the start of this year. The company's shares are trading 7.13% below their 50-day moving average. Additionally, Kirby Corp. traded at a PE ratio of 15.14 and has an RSI of 34.92. Free in-depth research on KEX is available at:

https://www.EquityResearchInstitute.com/reports?keyword=KEX

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