Shipping stocks are trading far closer to 52-week lows than highs
- New 52-week lows hit by Scorpio, Admore, Dorian and SFL
- S&P 500 ETF is at 52-week high yet shipping stocks are closer to annual lows
- Container shipping stocks are the best of the worst in 52-week metric
Shipping stock is clearly out of favour. The broader US stock market is leaving shipping equities behind. Based on the 52-week range, product tanker stocks have performed by far the worst, and container shipping stocks have performed the best