NEW YORK, September 25, 2017 /PRNewswire/ --
If you want a Stock Review on CPLP, SBLK, OSG, or FRO then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. For today, DailyStockTracker.com has issued research reports on four Shipping companies, particularly, Capital Product Partners L.P. (NASDAQ: CPLP), Star Bulk Carriers Corp. (NASDAQ: SBLK), Overseas Shipholding Group Inc. (NYSE: OSG), and Frontline Ltd (NYSE: FRO). According to an article on The Straits Times, France's CMA CGM, the world's third largest container line, said that the global Container Shipping sector is in its strongest position in years, thanks to sweeping consolidation and stronger economic growth, leaving it well placed to withstand competition from trains on major Asia-Europe routes. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
Capital Product Partners
Piraeus, Greece headquartered Capital Product Partners L.P.'s shares declined 0.56%, finishing last Friday's session at $3.56. A total volume of 582,822 shares was traded, which was above their three months average volume of 541,860 shares. Over the last month and the previous three months, the stock has advanced 2.59% and 4.40%, respectively. Furthermore, the Company's shares have gained 11.95% since the start of this year. The stock is trading above its 200-day moving average by 3.31%. Additionally, shares of the Company, which provides marine transportation services in Greece, have a Relative Strength Index (RSI) of 46.44.
On September 08th, 2017, Capital Product Partners announced that, at its annual meeting of Limited Partners held in Athens that day, Rory Hussey was elected to act as a Class I Director until the Partnership's 2020 annual meeting of Limited Partners; and the appointment of Deloitte Certified Public Accountants S.A. as independent registered public accounting firm for the fiscal year ending December 31st, 2017, was ratified. No other actions were taken at the meeting. Your complete research report on CPLP can be retrieved for free at:
Star Bulk Carriers
On Friday, shares in Maroussi, Greece-based Star Bulk Carriers Corp. ended the session 0.57% lower at $10.43. The stock recorded a trading volume of 364,820 shares. The Company's shares have gained 13.12% in the previous three months and 104.11% on an YTD basis. The stock is trading above its 200-day moving average by 13.54%. Moreover, shares of the Company, which engages in the ocean transportation of dry bulk cargoes worldwide, have an RSI of 43.63. A free report on SBLK is just a click away at:
Overseas Shipholding Group
Tampa, Florida headquartered Overseas Shipholding Group Inc.'s stock plummeted 8.27%, to close the day at $2.44. A total volume of 811,735 shares was traded, which was above their three months average volume of 514,850 shares. The Company's shares have advanced 22.61% in the last one month and 2.09% over the previous three months. The stock is trading 3.56% below its 50-day moving average. Additionally, shares of the Company, 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 49.27. Sign up for your complimentary research report on OSG at:
Shares in Hamilton, Bermuda-based Frontline Ltd recorded a trading volume of 646,198 shares, which was above their three months average volume of 642,610 shares. The stock ended at $5.91, climbing 1.37% from the last trading session. The Company's shares have gained 8.84% in the past month and 5.72% over the previous three months. The stock is trading above its 50-day moving average by 5.69%. Furthermore, shares of Frontline, which engages in the seaborne transportation of crude oil and oil products worldwide, have an RSI of 63.07.
On August 30th, 2017, Frontline reported unaudited results for the three and six months ended June 30th, 2017. For Q2 2017, net loss was $19.4 million and net loss adjusted for certain non-cash items was $14.2 million. For the first half of 2017, net income was $7.6 million and net income adjusted for certain non-cash items was $13.6 million. Register for free on DailyStockTracker.com and download the latest research report on FRO at:
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