Morning Technical Insight on These Shipping Stocks -- Pyxis Tankers, Safe Bulkers, Scorpio Bulkers, and Scorpio Tankers

NEW YORK, Feb. 27, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on PXS, SB, SALT, and STNG which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com has initiated research coverage on Pyxis Tankers Inc. (NASDAQ: PXS), Safe Bulkers Inc. (NYSE: SB), Scorpio Bulkers Inc. (NYSE: SALT), and Scorpio Tankers Inc. (NYSE: STNG). According to an article published on Reuters last February 19th, 2018, ratings agency S&P said in a recent report that around 90% of traded goods by volume are transported by sea, and that global Shipping sectors, including dry bulk, are on course for a recovery this year after a near-decade long crisis. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Pyxis Tankers

Maroussi, Greece-based Pyxis Tankers Inc.'s shares finished Monday's trading session flat at $1.24. A total volume of 32,960 shares was traded. The stock is trading below its 200-day moving average by 37.05%. Moreover, shares of Pyxis Tankers, which operates as a maritime transportation company with a focus on the tanker sector in the US, have a Relative Strength Index (RSI) of 25.44.

On February 23rd, 2018, Pyxis Tankers announced that its CEO, Eddie Valentis, will participate at Capital Link's 12th Annual International Shipping & Offshore Forum. Mr. Valentis is scheduled to present during the Product Tanker Shipping Panel on Monday, March 12th, 2018, at the Metropolitan Club in New York City. That same day, CFO, Henry Williams, is scheduled to present at the 30th Annual ROTH Conference in Dana Point, California. Get the full research report on PXS for free by clicking below at: www.wallstequities.com/registration/?symbol=PXS

Safe Bulkers

On Monday, shares in Monaco-based Safe Bulkers Inc. recorded a trading volume of 564,973 shares, which was above their three months average volume of 413,970 shares. The stock ended the session 2.36% higher at $3.90. The Company's shares have gained 6.85% in the last month, 22.26% over the previous three months, and 191.04% over the past year. The stock is trading 13.69% above its 50-day moving average and 31.73% above its 200-day moving average. Furthermore, shares of Safe Bulkers, which provides marine drybulk transportation services worldwide, have an RSI of 66.28.

On February 15th, 2018, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $5 a share to $5.50 a share.

On February 20th, 2018, Safe Bulkers announced the completion of its previously announced redemption of all outstanding 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share (the "Series B Preferred Shares"). The Series B Preferred Shares were redeemed at a redemption price of $25.00 per share, plus all accumulated and unpaid dividends to, but excluding the date of redemption. To experience our free membership services anytime/ anywhere and access the free report on SB, click to register at: www.wallstequities.com/registration/?symbol=SB

Scorpio Bulkers

Shares in Monaco-based Scorpio Bulkers Inc. closed at $8.00, climbing slightly by 0.63% from the last trading session. The stock recorded a trading volume of 294,631 shares. The Company's shares have gained 4.58% over the previous three months and 5.96% over the past year. The stock is trading 3.86% and 8.98% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Scorpio Bulkers, which owns and operates dry bulk carriers, have an RSI of 55.86.

On February 05th, 2018, Scorpio Bulkers announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per share on the Company's common stock, payable on or about March 15th, 2018 to all shareholders of record as of February 15th, 2018. As of February 02nd, 2018, 77,141,140 shares were outstanding. Join our big investor community at Wall St. Equities today and get your free report on SALT at: www.wallstequities.com/registration/?symbol=SALT

Scorpio Tankers

Monaco-based Scorpio Tankers Inc.'s stock ended 2.50% higher at $2.46 with a total trading volume of 3.08 million shares. The Company's shares are trading below their 50-day moving average by 13.93%. The stock has an RSI of 43.79.

On February 13th, 2018, Scorpio Tankers' Board of Directors declared a quarterly cash dividend of $0.01 per share, payable on or about March 27th, 2018, to all shareholders of record as of March 12th, 2018. As of February 13th, 2018, there were 326,507,544 shares outstanding. Know more about STNG in our free research coverage at: www.wallstequities.com/registration/?symbol=STNG

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