Star Bulk Carriers Corp (NASDAQ: SBLK) is 15.85% higher on its value in year-to-date trading and has touched a low of $16.57 and a high of $25.16 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SBLK stock was last observed hovering at around $24.71 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $24.63, the stock is 4.10% and 3.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -0.32% at the moment leaves the stock 20.20% off its SMA200. SBLK registered 15.20% gain for a year compared to 6-month gain of 32.28%.
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The stock witnessed a 3.18% loss in the last 1 month and extending the period to 3 months gives it a 14.08%, and is 5.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 2.37% over the month.
Star Bulk Carriers Corp (SBLK) has around 216 employees, a market worth around $2.79B and $949.27M in sales. Current P/E ratio is 13.82 and Fwd P/E is 5.82. Profit margin for the company is 18.28%. Distance from 52-week low is 48.64% and -2.11% from its 52-week high. The company has generated returns on investments over the last 12 months (6.51%).
Star Bulk Carriers Corp quarterly earnings per share for the current quarter are estimated at $0.94 with sales reaching $206.61M over the same period.The EPS is expected to grow by 109.79% this year, but quarterly earnings will post 6.30% year-over-year. Quarterly sales are estimated to grow 32.00% in year-over-year returns.
Star Bulk Carriers Corp (SBLK) Top Institutional Holders
The shares outstanding are 113.41M, and float is at 107.22M with Short Float at 1.80%.
