03.05.2017 12:45:00

Research Reports Coverage on Shipping Stocks -- Teekay, Scorpio Bulkers, Navios Maritime, and Frontline

NEW YORK, May 3, 2017 /PRNewswire/ --

Stock-Callers.com is currently reviewing the recent performances of Teekay Corp. (NYSE: TK), Scorpio Bulkers Inc. (NYSE: SALT), Navios Maritime Holdings Inc. (NYSE: NM), and Frontline Ltd (NYSE: FRO). Shipping companies transport commodities, merchandise, and cargo by sea. They also own and operate vessels and offshore-related assets. These stocks research reports can be downloaded now by simply registering for free at:

http://stock-callers.com/registration

Teekay  

Hamilton, Bermuda-based Teekay Corp.'s stock finished Tuesday's session 4.69% lower at $7.92. A total volume of 1.75 million shares was traded, which was above their three months average volume of 1.22 million shares. Shares of the Company are trading below their 200-day moving average by 3.37%. Moreover, shares of Teekay, which provides crude oil and gas marine transportation; offshore oil production; and storage and offloading services in Bermuda and internationally, have a Relative Strength Index (RSI) of 26.04. Your complete research report on TK can be retrieved for free at:

http://stock-callers.com/registration/?symbol=TK

Scorpio Bulkers  

Shares in Monaco-based Scorpio Bulkers Inc. rose 0.67%, ending yesterday's session at $7.50 with a total trading volume of 754,847 shares. The stock has gained 4.90% in the previous three months and 48.51% on an YTD basis. The Company's shares are trading 35.68% above their 200-day moving average. Moreover, shares of Scorpio Bulkers, which owns and operates dry bulk carriers, have an RSI of 39.40.

On April 25th, 2017, Scorpio Bulkers announced that it has entered into a time charter-in agreement with an unrelated third party on one Ultramax Vessel. The agreement is for two years at approximately $10,125 per day, with company option to extend the agreement for one year at approximately $10,885 per day. The time charter is expected to commence prior to the end of October 2017. A free report on SALT is just a click away at:

http://stock-callers.com/registration/?symbol=SALT

Navios Maritime 

On Tuesday, Monaco-based Navios Maritime Holdings Inc.'s stock climbed 0.58%, to close the day at $1.73. A total volume of 684,435 shares was traded. The Company's shares have advanced 22.70% on an YTD basis. The stock is trading 18.91% above its 200-day moving average. Additionally, shares of Navios Maritime, which operates as a seaborne shipping and logistics company, have an RSI of 44.50.

On April 28th, 2017, Navios Maritime announced that it executed, for itself and/or for its affiliates, an exclusivity agreement and term sheet to purchase directly or indirectly 100% of FSL Asset Management Pte. Ltd - and not less than a total of 50.1% of First Ship Lease Trust ("FSL Trust") - from an existing shareholder and FSL Trust. The parties have agreed to negotiate exclusively with each other, and will seek to execute definitive agreements by September 30th, 2017. Sign up for your complimentary research report on NM at:

http://stock-callers.com/registration/?symbol=NM

Frontline  

Shares in Hamilton, Bermuda-based Frontline Ltd ended the day 0.75% lower at $6.58. A total volume of 557,307 shares was traded. The stock is trading below its 50-day moving average by 2.81%. Furthermore, shares of Frontline, which engages in the seaborne transportation of crude oil and oil products worldwide, have an RSI of 41.04. Register for free on Stock-Callers.com and download the latest research report on FRO at:

http://stock-callers.com/registration/?symbol=FRO

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