May 22, 2018 - 7:25 AM EDT
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Initiating Free Research Reports on Scorpio Tankers and Three Other Shipping Equities

Stock Research Monitor: SB, SFL, and TK

LONDON, UK / ACCESSWIRE / May 22, 2018 / If you want a free Stock Review on STNG sign up now at www.wallstequities.com/registration. Pre-market today, WallStEquities.com focuses on the international Shipping industry, which carries about 90% of world trade. Without it, the import/export of affordable food and goods would not be possible. Lined up for monitoring this morning are these four stocks: Safe Bulkers Inc. (NYSE: SB), Scorpio Tankers Inc. (NYSE: STNG), Ship Finance International Ltd (NYSE: SFL), and Teekay Corp. (NYSE: TK). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Safe Bulkers

Monaco-based Safe Bulkers Inc.'s stock finished Monday's session 0.97% higher at $3.12 with a total trading volume of 170,621 shares. The Company's shares have advanced 46.48% over the past year. The stock is trading below its 50-day moving average by 2.95%. Furthermore, shares of Safe Bulkers, which provides marine drybulk transportation services worldwide, have a Relative Strength Index (RSI) of 45.93. Get the full research report on SB for free by clicking below at:

www.wallstequities.com/registration/?symbol=SB

Scorpio Tankers

Shares in Monaco-based Scorpio Tankers Inc. ended at $2.86, up slightly by 0.35% from the last trading session. The stock recorded a trading volume of 2.48 million shares. The Company's shares have gained 21.19% in the last month. The stock is trading 20.79% above its 50-day moving average. Moreover, shares of Scorpio Tankers, which together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide, have an RSI of 64.03.

On April 25th, 2018, research firm DNB Markets upgraded the Company's stock rating from ‘Hold' to ‘Buy'.

On April 25th, 2018, Scorpio Tankers' Board of Directors declared a quarterly cash dividend of $0.01 per share, payable on or about June 28th, 2018, to all shareholders of record as of June 06th, 2018. Gain free access to the research report on STNG at:

www.wallstequities.com/registration/?symbol=STNG

Ship Finance International

Hamilton, Bermuda-based Ship Finance International Ltd's stock ended yesterday's session 0.35% higher at $14.45 with a total trading volume of 623,558 shares. The Company's shares have advanced 2.85% in the past month and 3.21% over the past year. The stock is trading 0.30% above its 50-day moving average. Additionally, shares of Ship Finance, which owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the UK, and the Marshall Islands, have an RSI of 53.16.

On May 04th, 2018, Ship Finance International announced that the underwriters in its underwritten public offering of $150 million aggregate principal amount of Convertible Senior Notes due 2023 (the “Notes”) have exercised a portion of their option to purchase additional Notes to cover over-allotments and are purchasing an additional $14 million aggregate principal amount of Notes. The over-allotment option was granted to the underwriters by the Company, in connection with the previously consummated offering of $150 million aggregate principal amount of the Notes. Signing up today on Wall St. Equities will give you access to the latest report on SFL at:

www.wallstequities.com/registration/?symbol=SFL

Teekay

On Monday, shares in Hamilton, Bermuda-based Teekay Corp. recorded a trading volume of 1.05 million shares, which was above their three months average volume of 914,070 shares. The stock finished 3.60% lower at $7.76. The Company's shares have advanced 20.12% over the past year. The stock is trading below its 50-day moving average by 9.41%. Furthermore, shares of Teekay, which provides crude oil and gas marine transportation; offshore oil production; and storage and offloading services in Bermuda and internationally, have an RSI of 31.82.

On May 17th, 2018, Teekay reported its results for the quarter ended March 31st, 2018. Consolidated GAAP net loss attributable to shareholders of the Company for Q1 2018 was $20.6 million, consolidated income from vessel operations was $18.5 million, and consolidated total cash flow from vessel operations was $168.4 million. As of March 31st, 2018, the Company's consolidated total liquidity was approximately $1 billion. Register now for today's free coverage on TK at:

www.wallstequities.com/registration/?symbol=TK

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Source: ACCESSWIRE Investor Awareness (May 22, 2018 - 7:25 AM EDT)

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