Overseas Shipholding (NYSE: OSG): traded higher by 7.26% or $0.81/share to $11.96. In the past year, the shares have traded as low as $7.86 and as high as $32.98. On average, 926977 shares of OSG exchange hands on a given day and today's volume is recorded at 597925. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $12.24 represents resistance and the 50-day moving average of $10.35 would be an area of support.
Frontline Ltd. (USA) (NYSE: FRO): traded higher by 6.02% or $0.41/share to $7.22. In the past year, the shares have traded as low as $2.52 and as high as $25.09. On average, 2547390 shares of FRO exchange hands on a given day and today's volume is recorded at 3751766. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $5.65 area where the stock will likely see buying pressure.
Tsakos Energy Navigation (NYSE: TNP): traded higher by 2.31% or $0.18/share to $7.98. In the past year, the shares have traded as low as $4.78 and as high as $11.06. On average, 153855 shares of TNP exchange hands on a given day and today's volume is recorded at 86188. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $6.75 area where the stock will likely see buying pressure.
P.A.M. Transportation (NASDAQ: PTSI): traded higher by 2.66% or $0.3099/share to $11.97. In the past year, the shares have traded as low as $9.03 and as high as $13.14. On average, 4615 shares of PTSI exchange hands on a given day and today's volume is recorded at 5326. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $11.16 area where the stock will likely see buying pressure.
Pacer International, Inc. (NASDAQ: PACR): traded higher by 2.33% or $0.14/share to $6.16. In the past year, the shares have traded as low as $3.30 and as high as $6.25. On average, 320031 shares of PACR exchange hands on a given day and today's volume is recorded at 277047. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $5.71 area where the stock will likely see buying pressure.
