May 22, 2018 - 7:25 AM EDT
Print Email Article Font Down Font Up Charts

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 Pre-market today, 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.

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:

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:

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:


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:

Wall St. Equities:

Wall St. Equities (WSE) 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. WSE 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.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.


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 [email protected]. Rohit Tuli, a CFA® 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 WSE. WSE 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.


WSE, 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. WSE, 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, WSE, 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.


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 WSE 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


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: [email protected]

Phone number: 21 32 044 483

Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Wall St. Equities

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

News by QuoteMedia

Legal Notice