Viking, Frontline, Okeanis Eco Tankers, Almonty Industries, and Scorpio Tankers are the five Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of companies involved in transporting goods by sea, such as container, tanker, and dry-bulk shipping firms. Their performance can be affected by freight rates, global trade demand, fuel costs, and the supply of available ships. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.
Viking (VIK)
Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.
Viking stock traded up $0.90 during midday trading on Friday, reaching $89.78. The stock had a trading volume of 4,413,956 shares, compared to its average volume of 3,675,392. Viking has a twelve month low of $56.67 and a twelve month high of $110.09. The stock has a market capitalization of $40.01 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 1.07 and a beta of 1.39. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.79 and a current ratio of 0.81. The stock's 50-day simple moving average is $84.33 and its 200 day simple moving average is $85.96.
Read Our Latest Research Report on VIK
Frontline (FRO)
NYSE:FRO traded up $0.19 on Friday, hitting $46.95. 2,058,387 shares of the stock were exchanged, compared to its average volume of 4,282,735. The stock has a market cap of $10.45 billion, a PE ratio of 7.04 and a beta of 0.19. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.69. The stock has a fifty day moving average of $50.93 and a 200-day moving average of $40.15. Frontline has a fifty-two week low of $20.47 and a fifty-two week high of $59.75.
Read Our Latest Research Report on FRO
Okeanis Eco Tankers (ECO)
Shares of Okeanis Eco Tankers stock traded up $1.19 during trading hours on Friday, reaching $88.86. The stock had a trading volume of 888,708 shares, compared to its average volume of 916,127. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 5.04 and a beta of -0.32. Okeanis Eco Tankers has a 1 year low of $31.75 and a 1 year high of $102.56. The company has a current ratio of 4.43, a quick ratio of 4.13 and a debt-to-equity ratio of 0.76. The firm has a 50 day simple moving average of $86.35 and a two-hundred day simple moving average of $61.21.
Read Our Latest Research Report on ECO
Almonty Industries (ALM)
Almonty Industries Inc. is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc. is based in TORONTO.
Shares of NASDAQ:ALM traded up $0.59 during trading on Friday, reaching $8.22. 7,922,883 shares of the stock were exchanged, compared to its average volume of 6,454,793. The company has a debt-to-equity ratio of 1.37, a quick ratio of 9.51 and a current ratio of 9.58. Almonty Industries has a 12-month low of $5.43 and a 12-month high of $24.41. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of 43.27 and a beta of 4.65. The firm's 50-day moving average price is $11.61 and its 200 day moving average price is $15.64.
Read Our Latest Research Report on ALM
Scorpio Tankers (STNG)
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of crude oi and refined petroleum products in the shipping markets worldwide. As of March 21, 2024, its fleet consisted of 110 owned and leases financed tanker, including 39 LR2, 57 MR, and 14 Handymax with a weighted average age of approximately 8.1 years.
STNG traded down $0.38 on Friday, reaching $83.06. 562,757 shares of the company's stock were exchanged, compared to its average volume of 1,071,343. Scorpio Tankers has a twelve month low of $48.93 and a twelve month high of $95.60. The company's 50 day moving average is $84.58 and its 200-day moving average is $78.02. The company has a debt-to-equity ratio of 0.14, a quick ratio of 20.59 and a current ratio of 20.65. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 4.40, a PEG ratio of 1.70 and a beta of -0.10.
Read Our Latest Research Report on STNG
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