LONDON, October 10, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: DryShips Inc. (NASDAQ: DRYS), FreeSeas Inc. (NASDAQ: FREE), Navios Maritime Holdings Inc. (NYSE: NM), Diana Shipping Inc. (NYSE: DSX), and Knightsbridge Tankers Ltd (NASDAQ: VLCCF). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Thursday, October 09, 2014, ended on a negative note as the Dow Jones Industrial Average finished at 16,659.25, down 1.97% and the NASDAQ Composite closed at 4,378.34, down 2.02%. The S&P 500 finished the session 2.07% lower at 1,928.21. During the trading session, all the ten sectors finished on a lower note. The S&P 500 Industrials Sector Index ended the day at 440.24, down 2.31%, with the index declining 5.45% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
DryShips Inc.'s stock plummeted 10.19%, to close the day at $1.94, hitting a new 52-week low of $1.83. The stock recorded a trading volume of 17.93 million shares, much above its three months average volume of 5.67 million shares. The company's shares oscillated between $1.83 and $2.16 during the session. Over the last three trading sessions and over the past one month, DryShips Inc.'s shares have declined 14.54% and 37.42%, respectively. Further, the stock has lost 58.72% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. DryShips Inc.'s 200-day moving average of $3.27 is above its 50-day moving average of $2.91. Additionally, the stock has a Relative Strength Index (RSI) of 22.24. Sign up and read the free notes on DRYS at:
http://www.Investor-Edge.com/DRYS-10Oct2014
On Thursday, shares in FreeSeas Inc. recorded a trading volume of 2.59 million shares, higher than its three months average volume of 2.18 million shares. The stock ended the day at $0.16, which was 3.25% below its previous day's closing of $0.16, hitting a new 52-week low of $0.15. FreeSeas Inc.'s stock has plummeted 6.12% in the previous three trading sessions, 65.01% in the last one month, and 93.49% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $0.44 and $1.16, respectively. Furthermore, shares of FreeSeas Inc. have an RSI of 32.00. The complimentary notes on FREE can be downloaded as in PDF format at:
http://www.Investor-Edge.com/FREE-10Oct2014
Navios Maritime Holdings Inc.'s stock plummeted 11.03% to end Thursday's session at $5.16, hitting a new 52-week low of $5.15. The stock recorded a trading volume of 1.50 million shares, above its three months average volume of 0.90 million shares. The company's shares fluctuated between $5.15 and $5.81 during the session. Navios Maritime Holdings Inc.'s shares have lost 53.76% since the beginning of 2014. Further, the stock has declined 15.27% over the previous three trading sessions and 42.54% in the last one month. The stock is trading below its 50-day and 200-day moving averages. Navios Maritime Holdings Inc.'s 200-day moving average of $9.01 is above its 50-day moving average of $7.96. Additionally, the stock has an RSI of 28.90. Register for free on Investor-Edge and access the latest research on NM at:
http://www.Investor-Edge.com/NM-10Oct2014
On Thursday, shares in Diana Shipping Inc. fluctuated between $8.25 and $8.60 before ending the session 3.82% lower at $8.30. The stock reported a trading volume of 0.93 million shares, higher than its three months average volume of 0.76 million shares. Diana Shipping Inc.'s shares have declined 5.14% in the previous three trading sessions, 18.87% in the last one month, and 37.55% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $9.94 and $11.32, respectively. Moreover, shares of Diana Shipping Inc. have an RSI of 30.83. The complete research on DSX is available for free at:
http://www.Investor-Edge.com/DSX-10Oct2014
Shares in Knightsbridge Tankers Ltd finished Thursday's session 3.88% lower at $7.19, hitting a new 52-week low of $6.97. A total of 1.84 million shares were traded, which was above its three months average volume of 0.70 million shares. The stock vacillated between $6.97 and $8.01 during the session. Over the last one month and over the previous three months, Knightsbridge Tankers Ltd's shares have declined 45.49% and 44.00%, respectively. Additionally, from the beginning of 2014, the stock has lost 21.76%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $11.94 is greater than its 50-day moving average of $11.09. Knightsbridge Tankers Ltd's stock traded at a PE ratio of 15.86 and has an RSI of 20.97. Free in depth research on VLCCF is available at:
http://www.Investor-Edge.com/VLCCF-10Oct2014
About Investor-Edge.com
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is 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 by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
