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17.08.2017 12:30:00

Today's Research Report Coverage on Shipping Stocks -- Frontline, GasLog, Kirby, and Navios Maritime

NEW YORK, August 17, 2017 /PRNewswire/ --

If you want a Stock Review on FRO, GLOG, KEX, or NM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated coverage on Frontline Ltd (NYSE: FRO), GasLog Ltd (NYSE: GLOG), Kirby Corp. (NYSE: KEX), and Navios Maritime Holdings Inc. (NYSE: NM). These companies belong to the Shipping space, which transports cargo through designated sea routes. The industry can be broadly classified into wet bulk, dry bulk, and liners. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/

Frontline 

On Wednesday, shares in Hamilton, Bermuda-based Frontline Ltd recorded a trading volume of 466,463 shares. The stock ended the session 1.92% lower at $5.11. The Company's shares are trading 10.10% below their 50-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 25.03.

On July 21st, 2017, research firm Evercore ISI downgraded the Company's stock rating from 'In-line' to 'Underperform' while revising its previous target price from $6 a share to $4 a share.

On August 11th, 2017, Frontline announced that its 2017 Annual General Meeting will be held on September 22nd, 2017. A copy of the Notice of Annual General Meeting and associated information, including the Company's Annual Report on Form 20-F for 2016, can be found on its website. 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 0.92% lower at $16.10. A total volume of 607,591 shares was traded, which was above their three months average volume of 507,220 shares. The Company's shares have advanced 21.97% in the previous three months. The stock is trading 1.02% and 3.86% 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 43.04.

On August 02nd, 2017, GasLog's Board of Directors declared a quarterly cash dividend of $0.14 per common share, or $11.3 million in aggregate, payable on August 24th, 2017, to shareholders of record as of August 14th, 2017. The complimentary report on GLOG can be downloaded at:
http://dailystocktracker.com/registration/?symbol=GLOG

Kirby 

Houston, Texas headquartered Kirby Corp.'s stock recorded a trading volume of 222,176 shares, and ended yesterday's trading session 0.24% higher at $62.65. The Company's shares are trading below their 50-day moving average by 2.94%. Shares of the Company, which operates domestic tank barges in the US, have an RSI of 48.71.

On July 26th, 2017, Kirby announced results for the quarter ended June 30th, 2017. Consolidated revenues for Q2 2017 were $473.3 million, net earnings were $25.8 million, and earnings per share were $0.48. Total debt as of June 30th, 2017 was $591.5 million, and the Company's debt-to-capitalization ratio was 19.3%. Visit us today and download our complete research report on KEX for free at:
http://dailystocktracker.com/registration/?symbol=KEX

Navios Maritime Holdings 

Monte Carlo, Monaco-based Navios Maritime Holdings Inc.'s stock finished Wednesday's session 3.25% higher at $1.27 with a total trading volume of 879,330 shares. The Company's shares have advanced 6.72% in the last one month. The stock is trading above its 50-day moving average by 4.82%. Additionally, shares of Navios Maritime, which operates as a seaborne shipping and logistics company, have an RSI of 55.12. Get free access to your technical report on NM at:
http://dailystocktracker.com/registration/?symbol=NM

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