Breakfast Technical Briefing on Shipping Stocks -- DryShips, Globus Maritime, Diana Shipping, and Overseas Shipholding

NEW YORK, August 1, 2017 /PRNewswire/ --

If you want a Stock Review on DRYS, GLBS, DSX or OSG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The international Shipping industry is responsible for the carriage of around 90% of world trade, according to ICS. There are roughly 50,000 merchant ships registered in over 150 nations manned by over a million seafarers generating over a half trillion dollars per year in freight rates. For today, DailyStockTracker.com monitors DryShips Inc. (NASDAQ: DRYS), Globus Maritime Ltd (NASDAQ: GLBS), Diana Shipping Inc. (NYSE: DSX), and Overseas Shipholding Group Inc. (NYSE: OSG). Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/

DryShips 

Athens, Greece-based DryShips Inc.'s shares plummeted 10.00%, closing Monday's trading session at $1.08. The stock recorded a trading volume of 7.85 million shares, which was above its three months average volume of 2.81 million shares. The Company's shares are trading 97.47% below their 50-day moving average. Additionally, shares of DryShips, which owns and operates ocean going cargo vessels worldwide, have a Relative Strength Index (RSI) of 14.23.  

On July 27^th, 2017, DryShips announced the appointment of two new directors, Anthony Kandylidis and Andreas Argyropoulos. Mr. Kandylidis has served as the Company's President and CFO since December 2016, and was previously its Executive Vice President since January 2015. Mr. Argyropoulos worked for Ocean Rig UDW Inc. for five years in various positions, including Communications Manager. See our free and comprehensive research report on DRYS at: http://dailystocktracker.com/registration/?symbol=DRYS

Globus Maritime 

On Monday, shares in Athens, Greece-based Globus Maritime Ltd recorded a trading volume of 214,819 shares. The stock dropped 5.61%, ending the day at $1.01. The Company's shares are trading below their 50-day moving average by 16.39%. Furthermore, shares of Globus Maritime, which provides marine transportation services worldwide, have an RSI of 37.36.  

On July 06^th, 2017, Globus Maritime reported its unaudited consolidated operating and financial results for the quarter ended March 31^st, 2017. Financial highlights for Q1 2017 included total revenues of $2.7 million; total comprehensive loss of $2.3 million, or $0.14 basic loss per share; and average operating expenses per vessel per day of $4.9 million shares. As of March 31^st, 2017, the Company had cash and cash equivalents of $1.3 million. GLBS free research report is just a click away at: http://dailystocktracker.com/registration/?symbol=GLBS

Diana Shipping 

Athens, Greece-based Diana Shipping Inc.'s stock finished the day 0.26% higher at $3.87 with a total trading volume of 331,309 shares. The Company's shares have advanced 28.15% on an YTD basis. The stock is trading above its 200-day moving average by 2.80%. Additionally, shares of Diana Shipping, which provides shipping transportation services, have an RSI of 46.96.

On July 27^th, 2017, Diana Shipping announced that, through a separate, wholly owned subsidiary, the Company has entered into a time-charter contract with Glencore Agriculture B.V., Rotterdam for one of its Kamsarmax dry bulk vessels - the m/v Maia. The gross charter rate is US$10,125 per day, minus a 5% commission paid to third parties, for a period of minimum 12 months to maximum 15 months.  Sign up for your complimentary report on DSX at: http://dailystocktracker.com/registration/?symbol=DSX

Overseas Shipholding 

Shares in Tampa, Florida headquartered Overseas Shipholding Group Inc. ended yesterday's session 6.94% higher at $3.08. The stock recorded a trading volume of 515,040 shares. The Company's shares have advanced 19.84% in the last one month. The stock is trading 12.13% above its 50-day moving average. Moreover, shares of Overseas Shipholding, which owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the US, have an RSI of 62.68.  Register for free on DailyStockTracker.com and download the latest research report on OSG at: http://dailystocktracker.com/registration/?symbol=OSG

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