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Shipping Industry Equities Technical Analysis - Golar LNG, DryShips, Ship Finance Intl., and Scorpio Bulkers

SFL, GLNG

PR Newswire

NEW YORK, June 14, 2016 /PRNewswire/ --

On Monday, June 13, 2016, the NASDAQ Composite ended the trading session at 4,848.44, down 0.94%; the Dow Jones Industrial Average edged 0.74% lower, to finish at 17,732.48; and the S&P 500 closed at 2,079.06, down 0.81%. Stock-Callers.com has initiated coverage on the following equities: Golar LNG Ltd (NASDAQ: GLNG), DryShips Inc. (NASDAQ: DRYS), Ship Finance International Ltd (NYSE: SFL), and Scorpio Bulkers Inc. (NYSE: SALT). Learn more about these stocks by accessing their free trade alerts at:

http://stock-callers.com/

Hamilton, Bermuda headquartered midstream liquefied natural gas (LNG) Company, Golar LNG Ltd's stock finished Monday's session 5.94% lower at $15.98 with a total volume of 2.09 million shares traded. The stock is trading below its 50-day moving average by 12.61%. Golar LNG's stock has a Relative Strength Index (RSI) of 40.38. Sign up and read the free notes on GLNG at:

http://stock-callers.com/

Athens, Greece-based seaborne dry cargo and offshore support services provider, DryShips Inc.'s stock lost 2.59% to close the day at $1.13 with a total volume of 517,075 shares traded. The stock is trading 52.11% below its 50-day moving average. Additionally, DryShips' stock has an RSI of 30.44. The complimentary notes on DRYS can be downloaded in PDF format at:

http://stock-callers.com/

On Monday, shares in Ship Finance International Ltd ended the session 1.52% lower at $14.95 with a total volume of 594,775 shares traded. Shares of the Company traded at a PE ratio of 7.97. The Company's shares have gained 11.45% in the previous three months and 1.07% in the past one year. The stock is trading 2.82% above its 50-day moving average and 4.40% above its 200-day moving average. Moreover, shares of Ship Finance International have an RSI of 49.58. The Company was founded in 2003 and is based in Hamilton, Bermuda. Register for free on Stock-Callers.com and access the latest research on SFL at:

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On Monday, shares in Scorpio Bulkers Inc. which together with its subsidiaries, engages in the marine transportation of dry bulk commodities, ended the day 4.11% lower at $3.50 with a total volume of 290,824 shares traded. The stock is trading below its 50-day moving average by 6.51%. Furthermore, shares of Scorpio Bulkers have an RSI of 38.54. Get free access to your trade alert on SALT at:

http://stock-callers.com/

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