On Friday, the NASDAQ Composite ended the day at 6,265.25, up 0.46%; the Dow Jones Industrial Average edged 0.01% lower, to finish at 21,394.76; and the S&P 500 closed at 2,438.30, slightly gaining 0.16%. Five out of nine sectors finished the trading session in green. DailyStockTracker.com has initiated research reports on the following Shipping stocks: Seanergy Maritime Holdings Corp. (NASDAQ: SHIP), Diana Containerships Inc. (NASDAQ: DCIX), Golden Ocean Group Ltd (NASDAQ: GOGL), and Star Bulk Carriers Corp. (NASDAQ: SBLK).
Seanergy Maritime
Last Friday, shares in Athens, Greece headquartered Seanergy Maritime Holdings Corp. ended the session 1.25% higher at $0.84. The stock recorded a trading volume of 198,151 shares. The Company’s shares have advanced 21.20% in the last one month and 8.61% over the previous three months. The stock is trading above its 50-day moving average by 13.42%. Furthermore, shares of Seanergy Maritime, which provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels, have a Relative Strength Index (RSI) of 67.49.
Diana Containerships
Athens, Greece-based Diana Containerships Inc.’s stock finished 0.30% lower at $0.37 with a total trading volume of 130,439 shares. The Company’s shares are trading below their 50-day moving average by 18.83%. Shares of the Company, which through its subsidiaries, operates in the seaborne transportation industry in Greece, an RSI of 42.86.
Golden Ocean
Shares in Hamilton, Bermuda-based Golden Ocean Group Ltd closed the day 1.99% higher at $6.41. The stock recorded a trading volume of 181,173 shares. The Company’s shares have gained 2.31% in the last month 36.09% since the start of this year. The stock is trading above its 200-day moving average by 15.49%. Moreover, shares of Golden Ocean, which engages in the transportation of bulk commodities worldwide, have an RSI of 50.57.
On June 13th, 2017, research firm Seaport Global Securities initiated a ‘Buy’ rating on the Company’s stock, with a target price of $10 per share.
Star Bulk Carriers
Maroussi, Greece-based Star Bulk Carriers Corp.’s shares recorded a trading volume of 280,476 shares last Friday. The stock closed 5.13% higher at $9.22. The Company’s shares have advanced 11.89% in the past month and 80.43% since the start of this year. The stock is trading 3.84% and 23.92% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Star Bulk Carriers, which engages in the ocean transportation of dry bulk cargoes worldwide, have an RSI of 57.22.
Source: Chelmsford Park SA