EdgeWater 5/5/2011 2:52:34 AM
News / Business

Shipping Stocks Alert (DRYS, GNK, GMR, EGLE)

Shipping Stocks Alert

DryShips Inc. (NASDAQ:DRYS) fell 1.20% to $4.55. The stock has a 52-week range of $3.28-$6.44.

The stock has average daily volume of 7.20 million shares. At current market price, the market capitalization of the company stands at $1.81 billion.

Genco Shipping & Trading Limited (NYSE:GNK) lost 6.92% to $7.86. Genco Shipping & Trading Limited is engaged in transporting iron ore, coal, grain, steel products and other dry bulk cargoes along worldwide shipping routes.

The stock opened at $8.58 and is trading within the range of $7.60-$8.62.

General Maritime Corp (NYSE:GMR) gained 1.91% to $2.13. The stock has a 52-week range of $1.75-$8.45.

The stock has average daily volume of 3.24 million shares. At current market price, the market capitalization of the company stands at $190.83 million.

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) is down 5.76% to $3.11. Eagle Bulk Shipping Inc. is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.

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