July 23, 2018 - 7:10 AM EDT
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Breakfast Technical Briefing on Euronav and Three Other Additional Shipping Stocks

Stock Research Monitor: FRO, NNA, and SBLK

LONDON, UK / ACCESSWIRE / July 23, 2018/ If you want a free Stock Review on EURN sign up now at www.wallstequities.com/registration. WallStEquities.com shifts focus on the Shipping industry, which transports cargo through designated sea routes. It can be broadly classified into wet bulk, dry bulk, and liners. Lined up of evaluation are Euronav N.V. (NYSE: EURN), Frontline Ltd (NYSE: FRO), Navios Maritime Acquisition Corp. (NYSE: NNA), and Star Bulk Carriers Corp. (NASDAQ: SBLK). All you have to do is sign up today for this free limited time offer by clicking the link below.



Antwerp, Belgium headquartered Euronav N.V.'s stock saw a decline of 1.17%, finishing last Friday's trading session at $8.45. A total volume of 657,551 shares was traded, which was above their three months average volume of 588,080 shares. The Company's shares have gained 6.96% over the past year. The stock is trading below its 200-day moving average by 1.81%. Additionally, shares of Euronav, which together with its subsidiaries, engages in transportation and storage of crude oil and petroleum products worldwide, have a Relative Strength Index (RSI) of 36.86. Get the full research report on EURN for free by clicking below at:



Shares in Hamilton, Bermuda-based Frontline Ltd ended at $5.34, down 1.48% from the last trading session. The stock recorded a trading volume of 394,030 shares. The Company's shares have advanced 9.20% over the previous three months. The stock is trading 5.44% above its 200-day moving average. Moreover, shares of Frontline, which engages in the seaborne transportation of crude oil and oil products worldwide, have an RSI of 46.49.

On July 03rd, 2018, Frontline announced that the 2018 Annual General Meeting of the Company will be held on September 21st, 2018. The record date for voting at the Annual General Meeting is set to July 23rd, 2018. The notice, agenda, and associated material will be distributed prior to the meeting. FRO's complimentary research coverage is a few simple steps away at:


Navios Maritime Acquisition

On Friday, shares in Monaco-based Navios Maritime Acquisition Corp. recorded a trading volume of 176,222 shares. The stock rose 3.67%, closing the day at $0.59. The Company's shares are trading 13.69% below their 50-day moving average. Additionally, shares of the Company, which provides marine transportation services worldwide, have an RSI of 44.78.

On June 28th, 2018, Navios Maritime Acquisition (NNA) announced that it has submitted a proposal to the Board of Directors of Navios Maritime Midstream Partners L.P. to acquire the publicly held units of the latter not already owned by NNA in a stock for units exchange. Register for your free research report on NNA at:


Star Bulk Carriers

At the close of trading on Friday, shares in Maroussi, Greece-based Star Bulk Carriers Corp. recorded a trading volume of 512,473 shares, which was higher than their three months average volume of 412,810 shares. The stock finished the session 3.02% lower at $12.52. The Company's shares have gained 3.73% in the previous three months and 28.02% over the past year. The stock is trading above its 200-day moving average by 6.45%. Furthermore, shares of the Company, which engages in the ocean transportation of dry bulk cargoes worldwide, have an RSI of 40.30.

On June 29th, 2018, Star Bulk Carriers (SBLK) announced the closing of the previously announced secondary public offering of 5,000,000 of its common shares by a fund affiliated with Oaktree Capital Management, L.P. at a price to the public of $13.10 per share. Following the offering, the funds affiliated with the latter beneficially own approximately 43% of SBLK's common shares. SBLK did not sell any common shares and did not receive any proceeds from the offering. Wall St. Equities' downloadable research report on SBLK available at:


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Source: ACCESSWIRE Investor Awareness (July 23, 2018 - 7:10 AM EDT)

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