Week old news, But more shippers.
Technical Reports on Shipping Equities -- Frontline, Top Ships, Teekay Offshore Partners, and Global Ship Lease
6 days 1 hour 11 minutes ago - DJNF
NEW YORK, January 17, 2017 /PRNewswire/ --
Stock-Callers.com today has lined up for review these four Shipping stocks: Frontline Ltd (NYSE: FRO), Top Ships Inc. (NASDAQ: TOPS), Teekay Offshore Partners L.P. (NYSE: TOO), and Global Ship Lease Inc. (NYSE: GSL). According to Rahul Kapoor, head of Drewry Financial Research Services, the Shipping sector's stress levels will ease significantly in 2017, primarily driven by supply normalization, with real profitability and returns emerging over the next 12 to 18 months. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Frontline
Last Friday, Hamilton, Bermuda-based Frontline Ltd's stock declined 1.39%, to close the day at $7.10. A total volume of 1.33 million shares was traded, which was above their three months average volume of 1.04 million shares. The Company's shares are trading 2.34% below their 50-day moving average. Additionally, shares of Frontline, which engages in the seaborne transportation of crude oil and oil products worldwide, have a Relative Strength Index (RSI) of 44.40.
On December 09th, 2016, Frontline announced that the offering of new shares announced on December 08th, 2016, has been successfully completed at USD 7.45 per New Share, raising gross proceeds of USD 100 million (approximately NOK 843 million) through the issuance of 13,422,819 New Shares. The Company stated that the offering was significantly oversubscribed. Visit us today and access our complete research report on FRO at:
http://stock-callers.com/registration/?symbol=FRO
Top Ships
Shares in Maroussi, Greece-based Top Ships Inc. soared 10.13%, finishing Friday's session at $2.50. The stock recorded a trading volume of 673,562 shares. The Company's shares have gained 11.11% on an YTD basis. The stock is trading below its 50-day moving average by 12.93%. Furthermore, shares of Top Ships, which provides seaborne transportation services worldwide, have an RSI of 47.69.
On November 23rd, 2016, TOP Ships announced that it has entered into a definitive securities purchase agreement with an institutional investor to raise approximately $3 million in a private placement of 3,160 Series B Convertible Preferred Shares, which are convertible into common shares of the Company. The Company closed on the initial portion of 1,579 Series B Convertible Preferred Shares on November 22nd, 2016, for total gross proceeds of approximately $1.5 million. The complimentary report on TOPS can be downloaded at:
http://stock-callers.com/registration/?symbol=TOPS
Teekay Offshore Partners
Hamilton, Bermuda headquartered Teekay Offshore Partners L.P.'s stock finished 3.99% higher at $5.99 last Friday at the close. A total volume of 821,861 shares was traded, which was above their three months average volume of 667,590 shares. The Company's shares have advanced 16.99% in the past month, 0.18% in the previous three months, and 18.38% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.21% and 8.01%, respectively. 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 offshore oil industry in the North Sea and Brazil, have an RSI of 67.90.
On January 03rd, 2017, Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners declared a distribution of $0.11 per unit for the quarter ended December 31st, 2016. The limited partner and general partner distributions payable to Teekay Corporation will be paid in the form of new common units while distributions to third party investors will be paid in cash. The distributions are payable on February 10th, 2017, to all unit-holders of record on February 03rd, 2017. Register for free on Stock-Callers.com and access the latest research report on TOO at:
http://stock-callers.com/registration/?symbol=TOO
Global Ship Lease
London, the UK-based Global Ship Lease Inc.'s shares ended the session 5.16% higher at $1.63. The stock recorded a trading volume of 872,724 shares, which was above its three months average volume of 837,090 shares. Shares of the Company have advanced 2.52% in the last month, 12.41% over the previous three months, and 8.67% on an YTD basis. The stock is trading 1.93% above its 50-day moving average and 4.92% above its 200-day moving average. Moreover, shares of Global Ship Lease, which owns and charters containerships of various sizes under long-term, fixed-rate charters to container shipping companies, have an RSI of 54.65.
On December 09th, 2016, Global Ship Lease announced that its Board of Directors declared a cash dividend of $0.546875 per depositary share, each representing a 1/100(th) interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares. The dividend represents payment for the period from October 01st, 2016, to December 31st, 2016, and will be paid on January 03rd, 2017, to all Series B Preferred Shareholders of record as of December 22nd, 2016. Get free access to your research report on GSL at:
http://stock-callers.com/registration/?symbol=GSL
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author"
and is fact checked and reviewed by a third party research service company (the "Reviewer" represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA(R) charterholder (the "Sponsor" , provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
/CONTACT: Tom Johnson, anewmedias@gmail.com
(END) Dow Jones Newswires
January 17, 2017 07:20 ET (12:20 GMT)
Technical Reports on Shipping Equities -- Frontline, Top Ships, Teekay Offshore Partners, and Global Ship Lease
6 days 1 hour 11 minutes ago - DJNF
NEW YORK, January 17, 2017 /PRNewswire/ --
Stock-Callers.com today has lined up for review these four Shipping stocks: Frontline Ltd (NYSE: FRO), Top Ships Inc. (NASDAQ: TOPS), Teekay Offshore Partners L.P. (NYSE: TOO), and Global Ship Lease Inc. (NYSE: GSL). According to Rahul Kapoor, head of Drewry Financial Research Services, the Shipping sector's stress levels will ease significantly in 2017, primarily driven by supply normalization, with real profitability and returns emerging over the next 12 to 18 months. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Frontline
Last Friday, Hamilton, Bermuda-based Frontline Ltd's stock declined 1.39%, to close the day at $7.10. A total volume of 1.33 million shares was traded, which was above their three months average volume of 1.04 million shares. The Company's shares are trading 2.34% below their 50-day moving average. Additionally, shares of Frontline, which engages in the seaborne transportation of crude oil and oil products worldwide, have a Relative Strength Index (RSI) of 44.40.
On December 09th, 2016, Frontline announced that the offering of new shares announced on December 08th, 2016, has been successfully completed at USD 7.45 per New Share, raising gross proceeds of USD 100 million (approximately NOK 843 million) through the issuance of 13,422,819 New Shares. The Company stated that the offering was significantly oversubscribed. Visit us today and access our complete research report on FRO at:
http://stock-callers.com/registration/?symbol=FRO
Top Ships
Shares in Maroussi, Greece-based Top Ships Inc. soared 10.13%, finishing Friday's session at $2.50. The stock recorded a trading volume of 673,562 shares. The Company's shares have gained 11.11% on an YTD basis. The stock is trading below its 50-day moving average by 12.93%. Furthermore, shares of Top Ships, which provides seaborne transportation services worldwide, have an RSI of 47.69.
On November 23rd, 2016, TOP Ships announced that it has entered into a definitive securities purchase agreement with an institutional investor to raise approximately $3 million in a private placement of 3,160 Series B Convertible Preferred Shares, which are convertible into common shares of the Company. The Company closed on the initial portion of 1,579 Series B Convertible Preferred Shares on November 22nd, 2016, for total gross proceeds of approximately $1.5 million. The complimentary report on TOPS can be downloaded at:
http://stock-callers.com/registration/?symbol=TOPS
Teekay Offshore Partners
Hamilton, Bermuda headquartered Teekay Offshore Partners L.P.'s stock finished 3.99% higher at $5.99 last Friday at the close. A total volume of 821,861 shares was traded, which was above their three months average volume of 667,590 shares. The Company's shares have advanced 16.99% in the past month, 0.18% in the previous three months, and 18.38% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.21% and 8.01%, respectively. 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 offshore oil industry in the North Sea and Brazil, have an RSI of 67.90.
On January 03rd, 2017, Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners declared a distribution of $0.11 per unit for the quarter ended December 31st, 2016. The limited partner and general partner distributions payable to Teekay Corporation will be paid in the form of new common units while distributions to third party investors will be paid in cash. The distributions are payable on February 10th, 2017, to all unit-holders of record on February 03rd, 2017. Register for free on Stock-Callers.com and access the latest research report on TOO at:
http://stock-callers.com/registration/?symbol=TOO
Global Ship Lease
London, the UK-based Global Ship Lease Inc.'s shares ended the session 5.16% higher at $1.63. The stock recorded a trading volume of 872,724 shares, which was above its three months average volume of 837,090 shares. Shares of the Company have advanced 2.52% in the last month, 12.41% over the previous three months, and 8.67% on an YTD basis. The stock is trading 1.93% above its 50-day moving average and 4.92% above its 200-day moving average. Moreover, shares of Global Ship Lease, which owns and charters containerships of various sizes under long-term, fixed-rate charters to container shipping companies, have an RSI of 54.65.
On December 09th, 2016, Global Ship Lease announced that its Board of Directors declared a cash dividend of $0.546875 per depositary share, each representing a 1/100(th) interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares. The dividend represents payment for the period from October 01st, 2016, to December 31st, 2016, and will be paid on January 03rd, 2017, to all Series B Preferred Shareholders of record as of December 22nd, 2016. Get free access to your research report on GSL at:
http://stock-callers.com/registration/?symbol=GSL
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author"
and is fact checked and reviewed by a third party research service company (the "Reviewer" represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA(R) charterholder (the "Sponsor" , provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
/CONTACT: Tom Johnson, anewmedias@gmail.com
(END) Dow Jones Newswires
January 17, 2017 07:20 ET (12:20 GMT)
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
