Premier Exhibitions, Inc. (NASDAQ: PRXI): fell by 11.11% or $-0.3/share to $2.40. In the past year, the shares have traded as low as $1.46 and as high as $3.75. On average, 197506 shares of PRXI exchange hands on a given day and today's volume is recorded at 1172115. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $2.97 represents resistance and the 200-day moving average of $2.20 would be an area of support.
Genco Shipping & Trading (NYSE: GNK): fell by 6.13% or $-0.36/share to $5.51. In the past year, the shares have traded as low as $4.15 and as high as $10.79. On average, 1519300 shares of GNK exchange hands on a given day and today's volume is recorded at 1784405. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $6.77 area but be careful because the stock may face selling pressure at this level.
DryShips Inc. (NASDAQ: DRYS): fell by 4.33% or $-0.145/share to $3.20. In the past year, the shares have traded as low as $1.75 and as high as $5.10. On average, 9841600 shares of DRYS exchange hands on a given day and today's volume is recorded at 5352214. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $3.42 represents resistance and the 200-day moving average of $2.70 would be an area of support.
Tsakos Energy Navigation (NYSE: TNP): fell by 3.06% or $-0.26/share to $8.24. In the past year, the shares have traded as low as $4.78 and as high as $10.96. On average, 158619 shares of TNP exchange hands on a given day and today's volume is recorded at 123455. 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 $7.16 area where the stock will likely see buying pressure.
Navios Maritime Hldgs (NYSE: NM): fell by 2.92% or $-0.12/share to $3.99. In the past year, the shares have traded as low as $2.88 and as high as $5.87. On average, 448454 shares of NM exchange hands on a given day and today's volume is recorded at 222218. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $4.14 represents resistance and the 200-day moving average of $3.73 would be an area of support.
