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:
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:
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:
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:
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:
About Equity Research Institute:
Equity Research Institute ("ERI") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ERI has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
ERI has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.
ERI, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ERI nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.equityresearchinstitute.com.
ERI is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) equityresearchinstitute.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.