Technical Insight on Industrials Sector Equities -- Diana Shipping, FreeSeas, ITT Corp., MagneGas, and Equifax

LONDON, July 30, 2014 /PRNewswire/ --

On Tuesday, July 29, 2014, the NASDAQ Composite ended at 4,442.70, down 0.05%, the Dow Jones Industrial Average declined 0.42%, to finish the day at 16,912.11, and the S&P 500 closed at 1,969.95, down 0.45%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Industrials Sector Index ended the day 1.19% lower at 455.07, while the index has edged 0.12% higher in the last three months. Investor-Edge has initiated coverage on the following equities: Diana Shipping Inc. (NYSE: DSX), FreeSeas Inc. (NASDAQ: FREE), ITT Corporation (NYSE: ITT), MagneGas Corporation (NASDAQ: MNGA), and Equifax Inc. (NYSE: EFX). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Tuesday, shares in Diana Shipping Inc. recorded a trading volume of 2.85 million shares, higher than its three months average volume of 0.51 million shares. The stock ended the day at $9.20, which was 5.06% below its previous day's closing of $9.69, and registered an intraday range of $8.83 and $9.59. Diana Shipping Inc.'s shares have lost 8.46% in the previous three trading sessions, 15.29% in the last one month and 30.78% on YTD basis. The company's shares are trading below its 50-day and 200-day moving averages of $10.91 and $11.78, respectively. Furthermore, shares of the company have a Relative Strength Index (RSI) of 26.46. On the same day, Diana Shipping Inc. announced its Q2 FY 2014 financial results (period ended June 30, 2014). For Q2 FY 2014, the company reported net loss attributable to Diana Shipping Inc. of $5.70 million, or $0.09 per diluted share. Sign up and read the free notes on DSX at:

http://www.Investor-Edge.com/DSX-30Jul2014

FreeSeas Inc.'s stock finished Tuesday's session at its previous day's closing price of $0.46, after oscillating between $0.43 and $0.50. The stock recorded a trading volume of 0.67 million shares, below its three months average volume of 0.80 million shares. Over the past three trading sessions and over the last one month, FreeSeas Inc.'s shares have lost 8.00% and 28.31%, respectively. Additionally, from the beginning of 2014, the stock has declined 80.67%. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $1.48 is above its 50-day moving average of $0.82. Further, FreeSeas Inc.'s stock has an RSI of 24.31. The complimentary notes on FREE can be downloaded as in PDF format at:

http://www.Investor-Edge.com/FREE-30Jul2014

ITT Corp.'s stock finished Tuesday's session 1.17% lower at $47.21. A total of 0.48 million shares were traded, which was below its three months average volume of 0.73 million shares. The stock moved between $47.20 and $47.97 during the session. Although, ITT Corp.'s shares have declined 1.60% in the previous three trading sessions, it has advanced 10.51% in the previous three months and 8.73% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $46.20 is greater than its 200-day moving average of $42.94. ITT Corp.'s stock traded at a PE ratio of 7.56 and has an RSI of 56.00. Register for free on Investor-Edge and access the latest research on ITT at:

http://www.Investor-Edge.com/ITT-30Jul2014

On Tuesday, shares in MagneGas Corp. fluctuated between $1.43 and $1.46 before ending the session 2.04% lower at $1.44. The company's stock reported a trading volume of 0.30 million shares, much below its three months average volume of 1.26 million shares. Over the past three months and since the beginning of this year, MagneGas Corp.'s shares have gained 4.35% and 227.27%, respectively. However, the stock has lost 3.36% in the last three trading sessions. The company's stock is trading above its 200-day moving average of $1.06, while the 200-day moving average is below MagneGas Corp.'s 50-day moving average of $1.48. Moreover, shares of the company have an RSI of 49.22. The complete research on MNGA is available for free at:

http://www.Investor-Edge.com/MNGA-30Jul2014

On Tuesday, Equifax Inc.'s stock edged 0.06% lower, to close the day at $76.90. The stock recorded a trading volume of 0.64 million shares, above its three months average volume of 0.47 million shares. The stock oscillated between $76.60 and $77.25 during the session. Over the last one month and over the past three months, Equifax Inc.'s shares have gained 5.82% and 9.97%, respectively. Further, the stock has surged 11.30% since the start of this year. The company's shares are trading above its 50-day and 200-day moving averages. Equifax Inc.'s 50-day moving average of $72.27 is above its 200-day moving average of $69.19. Additionally, the stock traded at a PE ratio of 27.00 and has an RSI of 77.73. Free in depth research on EFX is available at:

http://www.Investor-Edge.com/EFX-30Jul2014

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