Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 55.52 points (-0.3%) at 17,690 as of Friday, July 31, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,938 issues advancing vs. 1,140 declining with 130 unchanged.

The Transportation industry as a whole closed the day up 0.2% versus the S&P 500, which was down 0.2%. Top gainers within the Transportation industry included Providence & Worcester Railroad ( PWX), up 1.6%, Euroseas ( ESEA), up 5.6%, Paragon Shipping ( PRGN), up 7.5%, Global Ship Lease ( GSL), up 7.1% and Genco Shipping & Trading ( GNK), up 1.8%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Global Ship Lease ( GSL) is one of the companies that pushed the Transportation industry higher today. Global Ship Lease was up $0.38 (7.1%) to $5.70 on heavy volume. Throughout the day, 100,733 shares of Global Ship Lease exchanged hands as compared to its average daily volume of 62,300 shares. The stock ranged in a price between $5.28-$5.70 after having opened the day at $5.36 as compared to the previous trading day's close of $5.32.

Global Ship Lease, Inc. owns and charters containerships of various sizes under long-term fixed-rate charters to container shipping companies. As of April 21, 2015, it owned 19 vessels with a total capacity of 82,475 twenty-foot equivalent units. Global Ship Lease has a market cap of $261.5 million and is part of the services sector. Shares are up 18.2% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Global Ship Lease a buy, no analysts rate it a sell, and 1 rates it a hold.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreet Ratings rates Global Ship Lease as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

Highlights from TheStreet Ratings analysis on GSL go as follows:

  • The revenue growth came in higher than the industry average of 0.2%. Since the same quarter one year prior, revenues rose by 10.8%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • The gross profit margin for GLOBAL SHIP LEASE INC is rather high; currently it is at 67.02%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 2.09% trails the industry average.
  • Compared to its closing price of one year ago, GSL's share price has jumped by 41.81%, exceeding the performance of the broader market during that same time frame. Looking ahead, however, we cannot assume that the stock's past performance is going to drive future results. Quite to the contrary, its sharp appreciation over the last year is one of the factors that should prompt investors to seek better opportunities elsewhere.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Marine industry. The net income has significantly decreased by 57.1% when compared to the same quarter one year ago, falling from $1.84 million to $0.79 million.
  • Net operating cash flow has significantly decreased to $1.87 million or 90.98% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.

You can view the full analysis from the report here: Global Ship Lease Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

At the close, Paragon Shipping ( PRGN) was up $0.07 (7.5%) to $1.00 on heavy volume. Throughout the day, 219,140 shares of Paragon Shipping exchanged hands as compared to its average daily volume of 91,000 shares. The stock ranged in a price between $0.90-$1.12 after having opened the day at $0.93 as compared to the previous trading day's close of $0.93.

Paragon Shipping Inc. provides shipping transportation services worldwide. It engages in the ocean transportation of drybulk cargoes, including commodities, such as iron ore, coal, grain, and other materials. Paragon Shipping has a market cap of $23.2 million and is part of the services sector. Shares are down 65.7% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Paragon Shipping a buy, no analysts rate it a sell, and none rate it a hold.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreet Ratings rates Paragon Shipping as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on PRGN go as follows:

  • The debt-to-equity ratio of 1.04 is relatively high when compared with the industry average, suggesting a need for better debt level management.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Marine industry and the overall market, PARAGON SHIPPING INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for PARAGON SHIPPING INC is currently extremely low, coming in at 7.84%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -83.59% is significantly below that of the industry average.
  • Net operating cash flow has significantly decreased to -$2.50 million or 307.22% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • PRGN's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 77.98%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.

You can view the full analysis from the report here: Paragon Shipping Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Euroseas ( ESEA) was another company that pushed the Transportation industry higher today. Euroseas was up $0.34 (5.6%) to $6.46 on light volume. Throughout the day, 470 shares of Euroseas exchanged hands as compared to its average daily volume of 5,400 shares. The stock ranged in a price between $6.12-$6.57 after having opened the day at $6.12 as compared to the previous trading day's close of $6.12.

Euroseas Ltd. provides ocean-going transportation services worldwide. Euroseas has a market cap of $35.0 million and is part of the services sector. Shares are down 19.5% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Euroseas a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Euroseas as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on ESEA go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Marine industry. The net income has significantly decreased by 144.2% when compared to the same quarter one year ago, falling from -$2.21 million to -$5.40 million.
  • The gross profit margin for EUROSEAS LTD is currently extremely low, coming in at 3.56%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -62.20% is significantly below that of the industry average.
  • Net operating cash flow has significantly decreased to -$1.46 million or 521.70% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 37.94%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 100.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Marine industry and the overall market, EUROSEAS LTD's return on equity significantly trails that of both the industry average and the S&P 500.

You can view the full analysis from the report here: Euroseas Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.