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Aries Maritime Transport Ltd.
RAMS.OISIN: BMG0474B1054SEDOL: B09KVY1 |
Rating: HOLD |
Target Price: 0.82 USD |
Investment Horizon: 6 to 12 months |
Company News Alert
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Aries Maritime Transport Ltd’s (Aries) NASDAQ common stock declined significantly in a single trading session on 20 January 2009, reflecting volatility in global financial markets and sustained uncertainty regarding global economic conditions. Given current price levels, we maintain our current HOLD rating for the NASDAQ common stock and will reassess the NASDAQ common stock rating for Aries once the company…
Company News Alert
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Aries Maritime Transport Ltd’s (Aries) NASDAQ common stock increased significantly in a single trading session on 09 January 2009, reflecting a recovery from historical lows. Although our target price does not support a HOLD rating, we maintain our current rating and will reassess the NASDAQ common stock rating for Aries once the company announces its 4Q 08 and FY 2008 results on 13 February 2009....
Company News Alert
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Aries Maritime Transport Ltd’s (Aries) NASDAQ common stock increased significantly in a single trading session on 08 January 2009, as the stock recovered from historical lows reflecting announcements of a substantial increase in public spending. The appreciation also reflected an increase in oil tanker and equity indices. Although our target price does not support a HOLD…
Company News Alert
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Aries Maritime Transport Ltd’s (Aries) NASDAQ common stock increased significantly in a single trading session on 05 January 2009, reflecting a rise in the Bloomberg Tanker Index over the same period. Given our cautious outlook for the company’s future performance, we maintain our HOLD rating for the NASDAQ common stock, although the target price derived in our last update report now supports a BUY. We will reassess the…
Company News Alert
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Aries Maritime Transport Ltd.’s (Aries) NASDAQ common stock declined significantly in a single trading session on 18 December 2008, reflecting ongoing weakness in the industry given slowing global oil demand. Given our cautious outlook for the company’s future performance, we maintain our HOLD rating for the NASDAQ common stock, although the target price derived in our last update report…
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