Shipping Stocks To Watch Now – November 13th

Viking, Frontline, and Okeanis Eco Tankers are the three Shipping stocks to watch today, according to MarketBeat’s stock screener tool. Shipping stocks are shares of publicly traded companies involved in transporting goods or passengers by sea, including cargo-shipping lines, tanker operators, and vessel owners. Their value can be affected by global trade, freight rates, fuel costs, and changes in shipping capacity. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

Viking (VIK)

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.

Shares of VIK stock traded up $0.56 during mid-day trading on Friday, hitting $89.44. The stock had a trading volume of 2,282,561 shares, compared to its average volume of 3,132,840. Viking has a 12-month low of $56.67 and a 12-month high of $110.09. The firm’s 50-day moving average is $84.25 and its two-hundred day moving average is $85.85. The firm has a market capitalization of $39.86 billion, a P/E ratio of 29.68, a price-to-earnings-growth ratio of 1.09 and a beta of 1.39. The company has a debt-to-equity ratio of 3.61, a current ratio of 0.81 and a quick ratio of 0.79.

Frontline (FRO)

Frontline stock traded up $0.40 during midday trading on Friday, hitting $47.16. 1,229,596 shares of the company’s stock were exchanged, compared to its average volume of 3,455,595. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.87 and a current ratio of 1.87. Frontline has a 12 month low of $20.47 and a 12 month high of $59.75. The firm has a 50-day moving average of $50.90 and a two-hundred day moving average of $40.05. The company has a market cap of $10.50 billion, a PE ratio of 7.07 and a beta of 0.19.

Okeanis Eco Tankers (ECO)

Shares of NYSE:ECO traded up $1.15 during trading hours on Friday, hitting $88.82. The company’s stock had a trading volume of 637,866 shares, compared to its average volume of 581,818. The firm’s fifty day moving average price is $85.97 and its 200 day moving average price is $60.96. Okeanis Eco Tankers has a 52 week low of $31.75 and a 52 week high of $102.56. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 5.03 and a beta of -0.32. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.43 and a quick ratio of 4.13.