Marine Equities Technical Data -- Research on NewLead Holdings, DryShips,
Navios Maritime Holdings, and Baltic Trading
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LONDON, May 6, 2014
LONDON, May 6, 2014 /PRNewswire/ --
On Monday, May 05, 2014, the NASDAQ Composite ended at 4,138.06, up 0.34%, the
Dow Jones Industrial Average finished the day 0.11% higher at 16,530.55, and
the S&P 500 closed at 1,884.66, up 0.19%. The gains were broad based as eight
out of ten sectors ended in positive. The S&P 500 Industrials Sector Index
ended the day at 456.17, up 0.09%, with the index has also advancing 7.96% in
the previous three months. Investor-Edge has initiated coverage on the
following equities: NewLead Holdings Ltd (NASDAQ: NEWL), DryShips Inc.
(NASDAQ: DRYS), Navios Maritime Holdings Inc. (NYSE: NM) and Baltic Trading
Ltd (NYSE: BALT). Free technical research on NEWL, DRYS, NM and BALT can be
downloaded upon signing up at:
NewLead Holdings Ltd's stock finished the Monday's session 27.50% lower at
$0.06. A total of 22.61 million shares were traded, which was much above its
three months average volume of 4.30 million shares. The stock moved between
$0.05 and $0.09 during the session. Over the previous three trading sessions
and the last one month, NewLead Holdings Ltd's shares have plummeted 47.27%
and 94.58%, respectively. Additionally, from the beginning of 2014, the
company's stock has declined 99.67%. The company's shares are trading below
their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving
average of $26.50 is much greater than its 50-day moving average of $2.33.
NewLead Holdings Ltd's stock traded has a Relative Strength Index (RSI) of
14.37. Sign up today to read free research on NEWL at:
On Monday, shares in DryShips Inc. fluctuated between $2.99 and $3.09 before
ending the session 0.65% higher at $3.09. DryShips Inc.'s stock reported a
trading volume of 3.23 million shares, much below its three months average
volume of 8.96 million shares. DryShips Inc.'s shares have advanced 5.82% in
the previous three trading sessions. However, the stock has lost 34.26%, since
beginning of this year. The stock is trading below its 50-day and 200-day
moving averages of $3.38 and $3.21, respectively. Moreover, shares of the
company have an RSI of 43.77. Sign up today to read free research on DRYS at:
Navios Maritime Holdings Inc.'s stock declined 1.30%, to close the day at
$8.32. The stock recorded a trading volume of 0.45 million shares, much below
its three months average volume of 0.90 million shares. The stock oscillated
between $8.26 and $8.56 during the session. Navios Maritime Holdings Inc.'s
share has gained 5.72% in the previous three trading sessions. However, the
stock has declined 8.77% in the last one month and 25.45% since the start of
this year. The stock is trading above its 200-day moving average of $8.21,
while the 200-day moving average is below Navios Maritime Holdings Inc.'s
50-day moving average of $9.35. Additionally, the stock has an RSI of 46.14.
Sign up today to read free research on NM at:
On Monday, shares in Baltic Trading Ltd recorded a trading volume of 0.45
million shares, lower than its three months average volume of 0.83 million
shares. The stock ended the day at $6.20, which was 2.82% below its previous
day's closing of $6.38, and registered an intraday range of $6.18 and $6.40.
Although Baltic Trading Ltd's shares have lost 3.73% on YTD basis, it has
advanced 3.51% in the previous three trading sessions and 6.35% in the last
three months. The company's stock is trading above its 200-day moving average
of $5.47. Furthermore, shares of the company have an RSI of 52.97. Sign up
today to read free research on BALT at:
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