NEW YORK, NY / ACCESSWIRE / January 29, 2016 / Park Lane Advisor has initiated coverage on the following equities: Scorpio Tankers Inc. (NYSE: STNG), Frontline Ltd (NYSE: FRO), Teekay Tankers Ltd (NYSE: TNK), and DHT Holdings Inc. (NYSE: DHT). Free research report on Scorpio Tankers can be accessed at http://www.parklaneadvisor.com/ On Thursday, January 28, 2016, the NASDAQ Composite ended at 4,506.68, up 0.86%, the Dow Jones Industrial Average advanced 0.79%, to finish the day at 16,069.64, and the S&P 500 closed at 1,893.36, up 0.55%. The gains were broad based as seven out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
Scorpio Tankers Inc.'s stock advanced 2.20%, to close the day at $6.04. The stock recorded a trading volume of 2.70 million shares, close to its three months average volume of 2.69 million shares. The company's shares are trading 20.90% below their 200-day moving average. Additionally, Scorpio Tankers Inc. traded at a PE ratio of 6.49 and has a Relative Strength Index (RSI) of 40.10. Sign up and read the free notes on STNG at:
On Thursday, shares in Frontline Ltd recorded a trading volume of 1.91 million shares, lower than their three months average volume of 2.67 million shares. The stock ended the day 2.83% higher at $2.18. Shares of the company traded at a PE ratio of 6.61. The company is trading below its 50-day and 200-day moving averages by 19.62% and 20.19%, respectively. Furthermore, shares of Frontline Ltd have an RSI of 39.67. The complimentary notes on FRO can be downloaded in PDF format at:
Teekay Tankers Ltd's stock finished Thursday's session 4.76% higher at $4.62. A total of 2.28 million shares were traded, which was below its three months average volume of 2.57 million shares. The company's shares are trading below their 50-day and 200-day moving averages by 27.72% and 31.91%, respectively. Teekay Tankers Ltd's stock traded at a PE ratio of 3.70 and has an RSI of 34.34. Register for free on Park Lane Advisor and access the latest research on TNK at:
On Thursday, shares in DHT Holdings Inc. ended the session 1.23% lower at $5.63. The stock reported a trading volume of 1.72 million shares, below its three months average volume of 2.02 million shares. Shares of the company traded at a PE ratio of 5.86. The company is trading 22.29% below its 50-day moving average and 24.60% below its 200-day moving average. Moreover, shares of DHT Holdings Inc. have an RSI of 32.24. The complete research on DHT is available for free at:
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