Why Investors Love Shipping Stocks? - Capital Product Partners, Navios Maritime, Golden Ocean, and Kirby

Jun 02, 2016, 08:15 ET from Chelmsford Park SA

NEW YORK, June 2, 2016 /PRNewswire/ --

The Shipping industry is slowly picking up momentum, and while challenges continue to poke this segment. ActiveWallSt.com takes a look at these four companies within this space: Capital Product Partners L.P. (NASDAQ: CPLP), Navios Maritime Holdings Inc. (NYSE: NM), Golden Ocean Group Ltd (NASDAQ: GOGL), and Kirby Corp. (NYSE: KEX). Sign up to our alert service by double-clicking on the link below:


Greece headquartered shipping Company, Capital Product Partners L.P.'s stock gained 2.72% and finished Wednesday's trading session at $3.02 with a total volume of 682,087 shares traded. In the last one month, the stock has advanced 13.87%. The Company's shares are trading above their 50-day moving average by 2.87%. Moreover, shares of Capital Product Partners have a Relative Strength Index (RSI) of 62.92. Sign up and get the alert on CPLP at:


On Wednesday, shares in Monaco-based seaborne shipping and logistics operator, Navios Maritime Holdings Inc., recorded a trading volume of 1.07 million shares, and ended the session 2.70% higher at $1.14. The stock has gained 14.00% in the last one month and 37.35% over the previous three months. The Company's shares are trading 0.80% above their 50-day moving average. Furthermore, shares of Navios Maritime Holdings have an RSI of 60.51. The complimentary alert on NM can be activated at:


Shares in Golden Ocean Group Ltd closed the day at $0.78, which was a correction of 2.59%. The stock recorded a trading volume of 137,245 shares. The Company engages in the transportation of bulk commodities primarily in the Capesize, Panamax, and Supramax markets. The Company's shares have surged 34.36% in the previous three months, and are trading 3.36% above their 50-day moving average. Additionally, shares of Golden Ocean Group have an RSI of 56.64. Register for free on ActiveWallSt.com and access the latest strategies on GOGL at:


At the closing bell yesterday, shares in Kirby Corp. which operates domestic tank barges and transports bulk liquid products, ended 1.30% lower at $69.17. A total volume of 773,666 shares was traded, which was higher than their three months average volume of 558,510 shares. The stock has advanced 6.60% in the last one month, 20.23% over the previous three months, and 31.45% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 8.77% and 13.37%, respectively. Furthermore, shares of Kirby have an RSI of 65.13. The complete trade setup on KEX is available for free at:



Active Wall Street: 

Active Wall Street (AWS) 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. AWS 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. 

AWS has not been compensated; directly or indirectly; for producing or publishing this document. 


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") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


AWS, the Author, and the Reviewer 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer 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, AWS, the Author, and the Reviewer 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. 


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 AWS 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.activewallst.com/disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly at: Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom Email: info@activewallst.com Phone number: 1-858-257-3144 CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA