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Nov 3, 2017 5:40 PM ET

Today’s Research Report Coverage on Shipping Stocks — Frontline, GasLog, Navios Maritime, and Overseas Shipholding

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iCrowdNewswire - Nov 3, 2017

NEW YORK, —

 

If you want a Stock Review on FRO, GLOG, NM, or OSG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Featured today on DailyStockTracker.com are the following four stocks: Frontline Ltd (NYSE: FRO), GasLog Ltd (NYSE: GLOG), Navios Maritime Holdings Inc. (NYSE: NM), and Overseas Shipholding Group Inc. (NYSE: OSG). These companies operate in the Shipping industry, which is the lifeblood of the global economy. According to ICS, the international shipping industry is responsible for the carriage of around 90% of world trade. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:

http://dailystocktracker.com/register/

Frontline 

On Thursday, shares in Hamilton, Bermuda-based Frontline Ltd recorded a trading volume of 938,403 shares, which was above their three months average volume of 561,010 shares. The stock ended the session 2.24% higher at $6.40. The Company’s shares have gained 6.67% in the last one month and 15.52% over the previous three months. The stock is trading 10.11% above its 50-day moving average and 3.61% above its 200-day moving average. Moreover, shares of Frontline, which engages in the seaborne transportation of crude oil and oil products worldwide, have a Relative Strength Index (RSI) of 68.18. The free research report on FRO is available at:

http://dailystocktracker.com/registration/?symbol=FRO

GasLog 

Monaco-based GasLog Ltd’s stock closed the day 0.87% lower at $17.10 with a total trading volume of 358,198 shares. The Company’s shares have advanced 1.48% in the previous three months and 6.21% since the start of this year. The stock is trading 0.54% and 8.65% above its 50-day and 200-day moving averages, respectively. Additionally, shares of GasLog, which operates as an owner, operator, and manager of liquefied natural gas carriers, have an RSI of 49.08.

On November 02nd, 2017, GasLog reported its financial results for the quarter ended September 30th, 2017. Revenues for Q3 were $131.2 million, profit was $24.2 million, and EBITDA was $89.6 million. As of September 30th, 2017, the Company had $358.0 million of cash and cash equivalents, of which $223.3 million was held in time deposits and the remaining balance in current accounts. The complimentary report on GLOG can be downloaded at:

http://dailystocktracker.com/registration/?symbol=GLOG

Navios Maritime Holdings 

Shares in Monte Carlo, Monaco-based Navios Maritime Holdings Inc. recorded a trading volume of 154,376 shares. The stock ended yesterday’s trading session 0.55% higher at $1.82. The Company’s shares have advanced 7.69% in the past month, 51.67% in the previous three months, and 29.08% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.95% and 15.29%, respectively. Furthermore, shares of Navios Maritime, which operates as a seaborne shipping and logistics company, have an RSI of 57.22.

On October 23rd, 2017, Navios South American Logistics Inc., a subsidiary of Navios Maritime Holdings, and Navios Logistics Finance (US) Inc. announced the pricing of its new $100.0 million Term Loan B facility. The Facility has a four-year term and was priced at LIBOR plus 4.75%. Visit us today and download our complete research report on NM for free at:

http://dailystocktracker.com/registration/?symbol=NM

Overseas Shipholding Group 

Tampa, Florida headquartered Overseas Shipholding Group Inc.’s stock finished Thursday’s session 3.91% higher at $2.39. A total volume of 719,099 shares was traded, which was above their three months average volume of 462,980 shares. The Company’s shares are trading below their 50-day moving average by 3.47%. Additionally, shares of Overseas Shipholding, which owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the US, have an RSI of 45.41. Get free access to your technical report on OSG at:

http://dailystocktracker.com/registration/?symbol=OSG

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Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

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