NEW YORK, August 24, 2017 /PRNewswire/ --
If you want a Stock Review on STNG, TK, SB, or SFL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. The international Shipping
industry is responsible for the carriage of around 90% of world trade, according to ICS. There are roughly 50,000 merchant ships
registered in over 150 nations manned by over a million seafarers generating over a half trillion dollars per year in freight
rates. Ahead of today's trading session, DailyStockTracker.com covers the following equities: Scorpio Tankers Inc. (NYSE: STNG),
Teekay Corp. (NYSE: TK), Safe Bulkers Inc. (NYSE: SB), and Ship Finance International Ltd (NYSE: SFL). Daily Stock Tracker
published free research reports on these stocks today at:
http://dailystocktracker.com/register/
Scorpio Tankers
Monaco-based Scorpio Tankers Inc.'s shares gained 1.17%, closing Wednesday's trading session
at $3.45. The stock recorded a trading volume of 1.45 million shares. Shares of the Company are
trading 6.89% below their 50-day moving average. Additionally, shares of Scorpio Tankers, which together with its subsidiaries,
engages in the seaborne transportation of refined petroleum products worldwide, have a Relative Strength Index (RSI) of 43.63.
On August 14 th, 2017, Scorpio Tankers announced that the Company will release its Q2
2017 earnings before the market open on September 18 th, 2017, as a result of the
pending merger with Navig8 Product Tankers Inc. The Company will also host a conference call that same day. Conference
call details will be sent out on a later date. See our free and comprehensive research report on STNG at:
http://dailystocktracker.com/registration/?symbol=STNG
Teekay
On Wednesday, shares in Hamilton, Bermuda-based Teekay Corp. recorded a trading volume of
693,838 shares. The stock rose 2.93%, ending the day at $9.12. The Company's shares have advanced
5.43% in the past month, 44.99% in the previous three months, and 13.57% on an YTD basis. The stock is trading above its 50-day
and 200-day moving averages by 16.91% and 9.24%, respectively. Furthermore, shares of Teekay, which provides crude oil and gas
marine transportation; offshore oil production; and storage and offloading services in Bermuda
and internationally, have an RSI of 55.28.
On August 03 rd, 2017, Teekay reported Q2 2017 results. Consolidated GAAP net loss
was $80.2 million, or $0.93 per share, and consolidated adjusted net
loss was $38.1 million, or $0.44 per share, in Q2 2017. For the
quarter, GAAP consolidated income from vessel operations was $48.3 million and consolidated total
cash flow from vessel operations was $254.5 million. TK free research report is just a click away
at:
http://dailystocktracker.com/registration/?symbol=TK
Safe Bulkers
Monaco-based Safe Bulkers Inc.'s stock finished the day 1.05% higher at $2.88 with a total trading volume of 503,423 shares. The Company's shares have advanced 9.51% in the last one
month, 35.21% in the previous three months, and 150.43% on an YTD basis. The stock is trading above its 50-day and 200-day moving
averages by 14.39% and 51.01%, respectively. Additionally, shares of Safe Bulkers, which provides marine drybulk transportation
services worldwide, have an RSI of 61.42.
On July 26 th, 2017, Safe Bulkers announced its unaudited financial results for the
three and six months ended June 30 th, 2017. For Q2 2017, net revenue was $35.0 million; net loss was $1.6 million; and EBITDA was $17.0 million. For the first half of 2017, net revenues were $68.3 million;
net loss was $4.9 million; and EBITDA was $32.3 million.
On August 21 st, 2017, research firm Maxim Group initiated a 'Buy' rating on the
Company's stock, with a target price of $5 per share. Sign up for your complimentary report on SB
at:
http://dailystocktracker.com/registration/?symbol=SB
Ship Finance
Shares in Hamilton, Bermuda-based Ship Finance International Ltd ended yesterday's session
1.85% higher at $13.75. The stock recorded a trading volume of 456,238 shares. The Company's shares
have advanced 1.48% in the last one month and 1.85% over the previous three months. The stock is trading 3.25% above its 50-day
moving average. Moreover, shares of the Company, which owns and operates vessels and offshore related assets primarily in
Bermuda, Cyprus, Malta,
Liberia, Norway, the UK, and the Marshall Islands, have an RSI of 58.62.
On August 14 th, 2017, Ship Finance International announced that its 2017 Annual
General Meeting will be held on September 22 nd, 2017. A copy of the Notice of Annual
General Meeting and associated information, including the Company's Annual Report on Form 20-F, can be found on its website.
Register for free on DailyStockTracker.com and download the latest research report on SFL at:
http://dailystocktracker.com/registration/?symbol=SFL
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