Safe Bulkers, Inc. (SB) Forms $3.60 Double Top; LIG ASSETS (LIGA) Shorts Increased By 106.06%

Safe Bulkers, Inc. (SB) formed double top with $3.71 target or 3.00% above today’s $3.60 share price. Safe Bulkers, Inc. (SB) has $365.50M valuation. The stock increased 0.56% or $0.02 during the last trading session, reaching $3.6. About 362,190 shares traded. Safe Bulkers, Inc. (NYSE:SB) has risen 124.94% since January 19, 2017 and is uptrending. It has outperformed by 108.24% the S&P500.

LIG ASSETS INCORPORATED (OTCMKTS:LIGA) had an increase of 106.06% in short interest. LIGA’s SI was 180,100 shares in January as released by FINRA. Its up 106.06% from 87,400 shares previously. It closed at $0.0036 lastly. It is down 0.00% since January 19, 2017 and is . It has underperformed by 16.70% the S&P500.

LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas. The company has market cap of $8.15 million. The firm purchases commercial and residential real estate properties for resale and rental. It has a 0.4 P/E ratio. It also invests, acquires, finances, and manages commercial properties, such as hotels, apartments, condos, retail, and office buildings; and offers loans for single family homes.

Among 8 analysts covering Safe Bulkers (NYSE:SB), 3 have Buy rating, 2 Sell and 3 Hold. Therefore 38% are positive. Safe Bulkers had 22 analyst reports since October 23, 2015 according to SRatingsIntel. The stock of Safe Bulkers, Inc. (NYSE:SB) has “Hold” rating given on Friday, October 23 by Jefferies. Jefferies maintained Safe Bulkers, Inc. (NYSE:SB) rating on Tuesday, May 30. Jefferies has “Hold” rating and $2.5000 target. The rating was downgraded by Morgan Stanley on Tuesday, December 15 to “Equal-Weight”. As per Friday, July 29, the company rating was downgraded by Credit Suisse. Jefferies maintained the shares of SB in report on Monday, September 11 with “Hold” rating. Stifel Nicolaus maintained Safe Bulkers, Inc. (NYSE:SB) rating on Tuesday, July 18. Stifel Nicolaus has “Hold” rating and $2.2500 target. The firm has “Hold” rating by Stifel Nicolaus given on Friday, January 20. Maxim Group maintained it with “Buy” rating and $5.0 target in Monday, August 21 report. The company was upgraded on Tuesday, March 28 by Morgan Stanley. The stock of Safe Bulkers, Inc. (NYSE:SB) has “Hold” rating given on Monday, October 16 by Jefferies.