Stocks in Action: Excel Maritime Carriers (NYSE:EXM) and Aegean Marine Petroleum Network Inc. (NYSE:ANW)
New York, NY – (Net PR News) – 05/17/2013–smartOTCis the premiere destination for Investors and novices alike who wish to receive information on fast moving OTC stocks and undiscovered companies. Most of these companies are considered penny stocks and trade on the Pink Sheet or OTC BB market. Our daily alerts help investors cut their research time in half as we send out small cap and penny stock alerts that are displaying signs of a potential rally.
Sign up For Our No. 1 Rated Stock Newsletter to make Huge Profitshttp://www.smartotc.com
SmartOTC brings a special trend analysis of these stocks: Excel Maritime Carriers (NYSE:EXM) and Aegean Marine Petroleum Network Inc. (NYSE:ANW)
Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or the “Company”) on Friday declared financial and operating earnings for the first quarter that finished on March 31, 2013.
The company recorded sales volumes of 2,367,077 metric tons in first quarter this year. The firm’s gross profit came in $70.7 million in the reported quarter.
In first quarter of this year, operating income came in $9.2 million while Operating income adjusted for the sale of non-core assets reached $12.4 million.
How shares of Aegean Marine Petroleum responded after such news? Click here to find out
The firm (ANW) logged net income attributable to Aegean shareholders of $7.2 million, or $0.15 per basic and diluted earnings per share, in Q1 2013. Net income attributable to Aegean stockholders, adjusted for the sale of non-core assets, came in $6.3 million, or $0.13 per basic and diluted earnings per share. The firm logged EBITDA of $21.0 million in Q1 2013.
In one of the weird acts of the present uptrend, shipping fleets on Thursday joined this week’s transportation gathering, guided by two stocks seemingly wobbling on the verge of insolvency.
How shares of Excel Maritime responded after such news? Click here to find out
Eagle Bulk Shipping (EGLE) surged 54%, while Excel Maritime Carriers (NYSE:EXM) crept ahead 41%. Genco Shipping & Trading (GNK) was up 16% and Freeseas (FREE) climbed up 18%. All closed the session well lower 5 per share, apart from Eagle, which ended at 5.30.
The Dow Transports declined on Thursday, but stayed up so far for the week, boosted mainly by railroads and trucking fleets.
smartOTC is the premiere destination for Investors and novice alike who wish to receive information on fast moving OTC penny stocks and undiscovered companies. We are a marketing firm that releases paid reports on undiscovered companies looking to tell their stories. Most of these companies are considered penny stocks and trade on the Pink Sheet or OTC BB market. Our daily alerts help investors cut their research time in half as we send out small cap and penny stock alerts that are displaying signs of a potential rally.
While penny stocks pose a much more significant risk factor compared to large cap stocks, their lure of quick gains makes it a trading choice for many small time and beginner investors. There is nothing wrong with investments into penny stocks, the best advice is to do your own research and consult with your own financial professional. smartOTC reports and alerts should only be used as a starting point for your own due diligence.
PLEASE NOTE WELL: This report/release/advertisement is a commercial advertisement and is for general information purposes only. We are engaged in the business of marketing and advertising companies for monetary compensation.
Smartotc.com and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The disclaimer is to be read and fully understood before using our site, or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. All content in our releases is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities.
Read Our Full Disclaimer at http://www.smartotc.com/disclaimer