Western Bulk Chartering AS (OTCMKTS:WSSTF) Shares Cross Above 50 Day Moving Average – Time to Sell?

by · The Markets Daily

Shares of Western Bulk Chartering AS (OTCMKTS:WSSTF – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$2.27 and traded as high as C$2.80. Western Bulk Chartering AS shares last traded at C$2.71, with a volume of 11,634 shares traded.

Western Bulk Chartering AS Price Performance

The company has a 50 day moving average price of C$2.27 and a 200 day moving average price of C$2.00.

Western Bulk Chartering AS Company Profile

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Western Bulk Chartering AS is a Norway-based dry bulk shipping company focused on the commercial operation and chartering of vessels. Rather than primarily owning a large fleet of ships, the company has historically used an asset-light model, chartering vessels and matching available capacity with cargo requirements from customers worldwide.

The company’s activities are centered on the transportation of dry bulk commodities, including grains, minerals, fertilizers, forest products, steel products and other general bulk cargoes.

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