Free Research Reports on These Shipping Stocks -- Safe Bulkers, Ship Finance, Frontline, and Diana Shipping
NEW YORK, Dec. 5, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on SB, SFL, FRO, and DSX which is a click away at www.wallstequities.com/registration. Pre-market today, WallStEquities.com focuses on Safe Bulkers Inc. (NYSE: SB), Ship Finance International Ltd (NYSE: SFL), Frontline Ltd (NYSE: FRO), and Diana Shipping Inc. (NYSE: DSX). According to ICS, the international Shipping industry is responsible for the carriage of around 90% of world trade. There are roughly 50,000 merchant ships registered in over 150 nations, manned by over a million seafarers generating over a half trillion dollar per year in freight rates. Free Downloads on Wall St. Equities today, sign up now and access these stocks' research reports at: www.wallstequities.com/registration
Safe Bulkers
Monaco-based Safe Bulkers Inc.'s stock finished Monday's session 2.46% higher at $3.33 with a total trading volume of 396,586 shares. Over the previous three months and since the start of this year, the Company's shares have advanced 1.22% and 189.57%, respectively. The stock is trading above its 50-day and 200-day moving averages by 4.68% and 30.52%, respectively. Moreover, shares of Safe Bulkers have a Relative Strength Index (RSI) of 55.02.
On November 08th, 2017, Safe Bulkers (SB) announced that it has agreed with Erma First, a Greece-based company, to install in all of the Company's vessels a Ballast Water Treatment System (BWTS). First installation of Erma First BWTS is expected to take place in SB's next dry-docking scheduled for Q1 2018. The installation on all of its vessels and related capital expenditure is expected to be expanded over a period of five years according to Company's dry-docking schedule. Free Access to this morning's research report on SB at: www.wallstequities.com/registration/?symbol=SB
Ship Finance International
Shares in Bermuda-based Ship Finance International Ltd ended yesterday's session flat at $15.35. A total volume of 920,720 shares was traded, which was above their three months average volume of 867,180 shares. The stock has gained 2.68% in the past month, 18.08% in the previous three months, and 3.37% on an YTD basis. The Company's shares are trading 2.99% above their 50-day moving average and 9.05% above their 200-day moving average. Moreover, shares of the Company an RSI of 53.63.
On November 22nd, 2017, Ship Finance International's Board of Directors has declared a quarterly cash dividend of $0.35 per share. The dividend will be paid on or around December 29th, 2017, to shareholders on record as of December 11th, 2017, and the ex-dividend date on the NYSE will be December 12th, 2017. Find your free research report SFI at: www.wallstequities.com/registration/?symbol=SFI
Frontline
On Monday, Bermuda-based Frontline Ltd's stock saw a correction of 1.70%, to close the day at $5.19. A total volume of 619,378 shares was traded, which was above their three months average volume of 516,390 shares. The Company's shares have advanced 1.76% in the previous three months. The stock is trading 12.65% below its 50-day moving average. Additionally, shares of Frontline have an RSI of 23.17.
On November 22nd, 2017, Frontline reported its unaudited results for the three months ended September 30th, 2017. Net loss for Q3 2017 was $24.1 million, and total ship operating expenses were $34.2 million. The Company's fleet consisted of 61 vessels, with an aggregate capacity of approximately 11.8 million DWT, as of September 30th, 2017. In addition, the Company had 169,809,324 ordinary shares outstanding at quarter end, and the weighted average number of shares outstanding was 169,809,324. Sign up today for the free research report on FRO at: www.wallstequities.com/registration/?symbol=FRO
Diana Shipping
Shares in Greece-based Diana Shipping Inc. ended the day 0.74% higher at $4.07. A total volume of 533,065 shares was traded. The stock has gained 2.78% in the last one month, 4.36% in the previous three months, and 34.77% since the start of this year. The Company's shares are trading above their 50-day moving average by 1.23%. Furthermore, shares of Diana Shipping, which provides shipping transportation services, have an RSI of 51.98.
On November 21st, 2017, Diana Shipping reported its financial results for Q3 and nine months ended September 30th, 2017. For Q3 2017, net loss was $24.5 million, net loss attributed to common stockholders was $25.9 million, and time charter revenues were $43.9 million. For the nine months ended September 30th, 2017, net loss amounted to $74.8 million, net loss attributed to common stockholders was $79.1 million, and time charter revenues were $113.0 million. Wall St. Equities' research coverage also includes the downloadable free report on DSX at: www.wallstequities.com/registration/?symbol=DSX
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