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Breakfast Technical Briefing on Shipping Stocks -- Top Ships, Seaspan, Teekay Tankers, and Golar LNG

TOPS, TNK, GLNG

PR Newswire

NEW YORK, August 28, 2017 /PRNewswire/ --

If you want a Stock Review on TOPS, SSW, TNK, or GLNG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Focus is on the Shipping industry, which is the lifeblood of the global economy. According to ICS, the international shipping industry is responsible for the carriage of around 90% of world trade. Today, DailyStockTracker.com presents for study this morning the following stocks: Top Ships Inc. (NASDAQ: TOPS), Seaspan Corp. (NYSE: SSW), Teekay Tankers Ltd (NYSE: TNK), and Golar LNG Ltd (NASDAQ: GLNG). Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Top Ships 

Maroussi, Greece-based Top Ships Inc.'s stock jumped 4.04%, finishing last Friday's trading session at $1.03. A total volume of 1.04 million shares was traded, which was above their three months average volume of 622,330 shares. The Company's shares are trading below their 50-day moving average by 94.07%. Additionally, shares of Top Ships, which provides seaborne transportation services worldwide, have a Relative Strength Index (RSI) of 27.60.

On August 18 th, 2017, Top Ships announced that NASDAQ notified the Company that, as of yesterday, it has regained compliance with the minimum bid price requirement for the NASDAQ Capital Market set forth in NASDAQ Listing Rule 5550(a)(2).  See our free and comprehensive research report on TOPS at:

http://dailystocktracker.com/registration/?symbol=TOPS


Seaspan 

Shares in Central, Hong Kong-based Seaspan Corp. ended at $7.34, dropping 2.13% from the last trading session. The stock recorded a trading volume of 2.28 million shares, which was above its three months average volume of 1.53 million shares. The Company's shares have advanced 13.10% in the past month and 28.10% over the previous three months. The stock is trading 10.84% above its 50-day moving average. Moreover, shares of Seaspan, which operates as an independent charter owner and manager of containerships in Hong Kong, have an RSI of 61.24.

On August 23 rd, 2017, Seaspan announced that it has accepted delivery of the MSC Shuba B, an 11000 TEU containership that will commence a 17-year, fixed-rate bareboat charter with Mediterranean Shipping Company S.A. ("MSC"). Upon completion of the bareboat charter period, MSC is obligated to purchase the vessel for a pre-determined amount. The MSC Shuba B, which was constructed at HHIC-PHIL INC., is Seaspan's first 11000 TEU SAVER design containership in a series of five ships, all of which are signed to bareboat agreements with MSC. SSW free research report is just a click away at:


http://dailystocktracker.com/registration/?symbol=SSW


Teekay Tankers 

On Friday, shares in Hamilton, Bermuda-based Teekay Tankers Ltd recorded a trading volume of 1.02 million shares. The stock declined 2.70%, closing the day at $1.52. The Company's shares are trading 10.00% below their 50-day moving average. Additionally, shares of Teekay Tankers, which engages in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide, have an RSI of 41.03.

On August 01 st, 2017, Teekay Tankers announced that Mr. Richard D. Paterson has accepted an invitation to join its Board of Directors and Audit Committee, effective that day. Mr. Paterson is a certified public accountant who retired from PriceWaterhouseCoopers LLP (PwC) in 2011 after 37 years of service. At the time of his retirement, he served as the global leader of PwC's Consumer, Industrial Products and Services Practices. Sign up for your complimentary report on TNK at:

http://dailystocktracker.com/registration/?symbol=TNK


Golar LNG 

At the close of trading on Friday, shares in Hamilton, Bermuda headquartered Golar LNG Ltd recorded a trading volume of 560,828 shares. The stock finished the session 0.99% higher at $21.52. The Company's shares are trading below their 50-day moving average by 2.95%. Furthermore, shares of Golar LNG, which engages in the transportation, regasification, liquefaction, and trading of LNG, have an RSI of 48.85.

On August 18 th, 2017, Golar LNG announced that its 2017 Annual General Meeting will be held on September 27 th, 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 GLNG at:

http://dailystocktracker.com/registration/?symbol=GLNG

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