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Shares of International Shipholding Rank the Lowest in terms of Beta in the Marine Industry (ISH, KEX, NMM, SBLK, ESEA)

Written on Mon, 07/26/2010 - 6:32am
By Chip Brian

Below are the top five companies in the Marine industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
International Shipholding (NYSE:ISH) ranks first with a beta of 1.1; Kirby (NYSE:KEX) ranks second with a beta of 1.1; and Navios Maritime Partners (NYSE:NMM) ranks third with a beta of 1.3.
Star Bulk Carriers (NASDAQ:SBLK) follows with a beta of 1.3 and Euroseas (NASDAQ:ESEA) rounds out the top five with a beta of 1.3.
SmarTrend is bearish on shares of SBLK and our subscribers were alerted to Sell on June 22, 2009 at $3.75. The stock has fallen 31% since the alert was issued.

Keywords: keywords: nyse:ish international shipholding lowest beta

Ticker(s): ISH KEX NMM SBLK ESEA

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