Technical Perspectives on Shipping Stocks -- Costamare, Diana Containerships, Diana Shipping, and Frontline
NEW YORK, March 15, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CMRE, DCIX, DSX, and FRO which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com navigates the Shipping industry, which is interlinked with the state of the global economy and is complex and notoriously volatile in nature. Under assessment this morning are the following stocks: Costamare Inc. (NYSE: CMRE), Diana Containerships Inc. (NASDAQ: DCIX), Diana Shipping Inc. (NYSE: DSX), and Frontline Ltd (NYSE: FRO). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Costamare
Shares in Monaco-based Costamare Inc. rose slightly by 0.93%, ending Wednesday's trading session at $6.49. The stock recorded a trading volume of 426,564 shares. The Company's shares have gained 3.84% in the last month, 15.07% over the last three months, and 1.88% over the past year. The stock is trading 3.39% and 3.16% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Costamare, which owns and charters containerships to liner companies worldwide, have a Relative Strength Index (RSI) of 58.74. Get the full research report on CMRE for free by clicking below at: www.wallstequities.com/registration/?symbol=CMRE
Diana Containerships
Athens, Greece-based Diana Containerships Inc.'s stock declined 3.05%, closing the day at $1.91 with a total trading volume of 449,873 shares. The stock is trading 30.63% below their 50-day moving average. Shares of the Company, which through its subsidiaries, operates in the seaborne transportation industry in Greece, have an RSI of 38.47.
On March 01st, 2018, Diana Containerships announced that it has signed, through two separate wholly owned subsidiaries, two Memoranda of Agreement to sell to an unaffiliated third-party the m/v Sagitta and the m/v Centaurus, each a 2010 built containership (the "Vessels") for US$12.3 million each. The Company expects the Vessels to be delivered to the buyer at the latest by April 27th, 2018. Access the free research report on DCIX now by signing up at: www.wallstequities.com/registration/?symbol=DCIX
Diana Shipping
On Wednesday, shares in Athens, Greece-based Diana Shipping Inc. recorded a trading volume of 236,869 shares. The stock ended the day 0.54% higher at $3.74. The Company's shares have advanced 3.31% in the past month. The stock is trading below its 50-day moving average by 3.84%. Furthermore, shares of Diana Shipping, which provides shipping transportation services, have an RSI of 45.34.
On February 22nd, 2018, Diana Shipping reported its Q4 2017 and full-year results. For Q4 2017, net loss was $436.9 million, net loss attributed to common stockholders was $438.4 million, and time charter revenues were $48.9 million. For the year ended December 31st, 2017, net loss was $511.7 million, net loss attributed to common stockholders was $517.5 million, and time charter revenues were $161.9 million. Are you already registered with Wall St. Equities? Do so now for free, and get the report on DSX at: www.wallstequities.com/registration/?symbol=DSX
Frontline
Hamilton, Bermuda-based Frontline Ltd's stock declined slightly by 0.88%, finishing yesterday's session at $4.48 with a total trading volume of 399,791 shares. The Company's shares have advanced 10.34% in the last month. The stock is trading above its 50-day moving average by 0.06%. Additionally, shares of Frontline, which engages in the seaborne transportation of crude oil and oil products worldwide, have an RSI of 56.27.
On February 28th, 2018, Frontline reported its unaudited results for the three months and year ended December 31st, 2017. For Q4 2017, net loss attributable to the Company was $248.4 million, including non-cash impairment losses of $255.8 million. For the full year 2017, net loss attributable to the Company was $264.9 million, and net loss adjusted for certain non-cash items was $4.4 million. Aspiring Member, please take a moment to register below for your free research report on FRO at: www.wallstequities.com/registration/?symbol=FRO
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