Le Lézard
Classified in: Oil industry, Transportation, Business
Subject: INO

Breakfast Technical Briefing on Shipping Stocks -- Teekay Offshore Partners, Top Ships, Golar LNG, and DHT Holdings


NEW YORK, July 27, 2017 /PRNewswire/ --

If you want a Stock Review on TOO, TOPS, GLNG, or DHT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. This morning, DailyStockTracker.com recalls the recent performances of Teekay Offshore Partners L.P. (NYSE: TOO), Top Ships Inc. (NASDAQ: TOPS), Golar LNG Ltd (NASDAQ: GLNG), and DHT Holdings Inc. (NYSE: DHT). According to an article on The Wall Street Journal, industry executives and analysts say the worst may be over for the Shipping industry, at least for container and dry-bulk ship operators, thanks to the improving global economy. Early hints of a recovery in the oil-tanker business are starting to emerge. Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Teekay Offshore Partners 

Hamilton, Bermuda headquartered Teekay Offshore Partners L.P.'s shares gained 1.57%, closing Wednesday's trading session at $2.58. The stock recorded a trading volume of 792,386 shares. The Company's shares have advanced 6.17% in the last month. The stock is trading 8.67% below its 50-day moving average. Additionally, shares of Teekay Offshore Partners, which provides marine transportation, oil production, storage, long-distance towing, offshore installation and maintenance, and safety services to the energy and oil service companies in the North Sea, Brazil, and the East Coast of Canada, have a Relative Strength Index (RSI) of 48.85.

On July 26th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. See our free and comprehensive research report on TOO at:

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


Top Ships 

On Wednesday, shares in Maroussi, Greece-based Top Ships Inc. recorded a trading volume of 9.47 million shares, which was above their three months average volume of 2.73 million shares. The stock dropped 30.30%, ending the day at $0.32. The Company's shares are trading below their 50-day moving average by 90.66%. Furthermore, shares of Top Ships, which provides seaborne transportation services worldwide, have an RSI of 24.59.

On June 30th, 2017, Top Ships announced that it has received written notification from The NASDAQ Stock Market, dated June 27th, 2017, indicating that because the closing bid price of the Company's common stock for the last 30 consecutive business days was below $1.00 per share, it no longer meets the minimum bid price requirement for the NASDAQ Capital Market. Pursuant to the NASDAQ Listing Rules, the applicable grace period to regain compliance is 180 days, or until December 26th, 2017. TOPS free research report is just a click away at:

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


Golar LNG 

Hamilton, Bermuda headquartered Golar LNG Ltd's stock finished the day 1.05% lower at $23.53 with a total trading volume of 556,710 shares. The Company's shares have advanced 7.49% in the last one month and 2.57% on an YTD basis. The stock is trading above its 50-day moving average by 0.06%. Additionally, shares of Golar, which engages in the transportation, regasification, liquefaction, and trading of LNG, have an RSI of 51.01. Sign up for your complimentary report on GLNG at:

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


DHT Holdings 

Shares in Hamilton, Bermuda headquartered DHT Holdings Inc. ended yesterday's session 0.49% lower at $4.10. The stock recorded a trading volume of 613,441 shares. The Company's shares have advanced 2.76% in the last one month. The stock is trading 1.95% below its 50-day moving average. Moreover, shares of DHT Holdings, which through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore, have an RSI of 43.20.

On July 06th, 2017, DHT Holdings announced that it has 142,347,298 common shares issued and outstanding subsequent to the issuance of common shares upon the conversion of the Series D Junior Participating Preferred Stock issued to BW Group Limited pursuant to the previously announced Vessel Acquisition Agreement between the two companies. Register for free on DailyStockTracker.com and download the latest research report on DHT at:

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

 

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