Nordic American Tankers (NAT) anticipates increased demand for their Suezmax tankers in the coming days since OPEC and Saudi Arabia decided to expand oil output by more than the previously.
Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN – Get Rating) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 402,800 shares, a growth of 41.3% from the May 15th total of 285,100 shares. Based on an average trading volume of 435,700 shares, the days-to-cover ratio […]
Grindrod Shipping (NASDAQ:GRIN – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Monday, Zacks.com reports. The firm presently has a $30.00 price target on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 15.03% from the company’s […]
Grindrod Shipping (NASDAQ:GRIN – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, Zacks.com reports. According to Zacks, “Grindrod Shipping Holdings Ltd. owns and operates a diversified fleet of owned, long-term chartered-in and joint-venture owned drybulk and liquid-bulk vessels. […]