Research Reports Initiation on Shipping Stocks -- Eagle Bulk Shipping, Seaspan, Rand Logistics, and Costamare

NEW YORK, December 20, 2016 /PRNewswire/ --

On Monday, December 19, 2016, benchmark US indices the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 were in green as US markets saw broad based gains at the sound of yesterday's trading session's closing bell. Six out of nine sectors finished in positive territories which prompted Stock-callers.com today to review the following four equities within the Shipping industry: Eagle Bulk Shipping Inc. (NASDAQ: EGLE), Seaspan Corporation (NYSE: SSW), Rand Logistics Inc. (NASDAQ: RLOG), and Costamare Inc. (NYSE: CMRE). You can access of our complimentary research reports on these stocks now at:

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Eagle Bulk Shipping  

Stamford, Connecticut headquartered Eagle Bulk Shipping Inc.'s stock fell 1.86%, to close the day at $5.81. The stock recorded a trading volume of 145,398 shares. Shares of the Company, which through its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide, are trading 3.72% above its 50-day moving average. Additionally, the stock has a Relative Strength Index (RSI) of 47.85. Visit us today and download your complete report on EGLE for free at:

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Seaspan  

On Monday, shares in Majuro, Marshall Islands-based Seaspan Corp. ended the session 0.65% lower at $9.16 with a total volume of 797,515 shares traded. The stock is trading 13.66% below its 50-day moving average and 33.39% below its 200-day moving average. Moreover, shares of the Company, which operates as an independent charter owner and manager of containerships in Hong Kong, have an RSI of 37.46. The complimentary research report on SSW can be accessed at:

http://stock-callers.com/registration/?symbol=SSW

Rand Logistics  

On Monday, shares in Jersey City, New Jersey headquartered Rand Logistics Inc. recorded a trading volume of 88,642 shares. The stock ended the day 3.61% lower at $0.94. Rand Logistics' stock has gained 11.31% in the past three months. The Company is trading above its 50-day moving average by 9.49%. Furthermore, shares of Rand Logistics, which provides bulk freight shipping services, have an RSI of 51.33. Register for free on Stock-Callers.com and download the PDF research report on RLOG at:

http://stock-callers.com/registration/?symbol=RLOG

Costamare  

Monaco-based Costamare Inc.'s stock finished Monday's session 0.35% lower at $5.70 with a total volume of 542,374 shares traded. Shares of the Company, which owns and charters containerships to liner companies worldwide, are trading below its 50-day and 200-day moving averages by 14.71% and 30.94%, respectively. Costamare's stock traded at a PE ratio of 3.91 and has an RSI of 35.25. Get free access to your research report on CMRE at:

http://stock-callers.com/registration/?symbol=CMRE

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