Industrial Marine Shipping Report

Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) was among the top losers in the marine shipping sector with the stock losing 7.43% to close at $3.86. The day’s share price range was $3.83 – $4.23 and the number of shares that exchanged hands at 645,375 was more than the average volume of 393,691.

Euroseas Ltd. (NASDAQ:ESEA) was also a big loser with the shares shedding 6.09% to close the day at $15.73. The trading volume was 185,245 which exceeded the average trading volume of 120,427. 

Seanergy Maritime Holdings Ltd (NASDAQ:SHIP) was another marine shipping stock that dipped with the shares losing 5.56% to close at $1.02. The trading volume was 7,513,819 which is less than the average trading volume of 9,504,293. 

Performance Shipping Inc. (NASDAQ:PSHG) stock continued to lose more and it dipped 3.26% to $4.45. The day’s range was $4.4-$4.7314 on the volume of 33,538 which is less than the average trading volume of 69,018. 

Capital Products Partners L.P.  (NASDAQ:CPLP) lost 3.22% to close at $12.32. The day’s range was $12.31 – $12.95 on a volume of 69,711 which is less than the average of 104,140.

Globus Maritime Limited (NASDAQ:GLBS) was also among the top losers with the stock losing 2.51% to closes at $4.27. The day’s range was $4.23- $4.39 on the volume of 164,238 which is less than the average volume of 546,240.

Top Ships Inc. (NASDAQ:TOPS) lost 1.99% to close at $1.48 on volume of1,118, 344 which is less than the average volume of 2.53 million 

Top 2 gainers 

Castor Maritime Inc. (NASDAQ:CTRM) was the top gainer in the marine shipping sector. After tanking at the beginning of the week following the announcement of a 1 for 10 reverse stock split, the stock has recovered and it gained 2.74% to $0.3743. Shares traded between $0.36 and $0.42 on the volume of 167,457,812. 

Pyxis Tankers Inc. (NASDAQ:PXS) also gained 1.54% to close at $0.8032. The shares traded at a range of $0.7830-0.8099 with 387,819 shares exchanging hands. 

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