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In the latest session, Star Bulk Carriers Corp (NASDAQ: SBLK) closed at $16.08 down -1.35% from its previous closing price of $16.30. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 1.98 million shares were traded. SBLK stock price reached its highest trading level at $16.33 during the session, while it also had its lowest trading level at $16.03.
Ratios:
For a deeper understanding of Star Bulk Carriers Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, DNB Markets on November 21, 2024, Upgraded its rating to Hold and sets its target price to $20.20 from $19.30 previously.
On October 23, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $30 to $21.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 12 ’24 when Norton Hamish bought 16,450 shares for $20.97 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBLK now has a Market Capitalization of 1895703296 and an Enterprise Value of 3535385856. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.44, and their Forward P/E ratio for the next fiscal year is 5.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 3.217 whereas that against EBITDA is 7.331.
Stock Price History:
Over the past 52 weeks, SBLK has reached a high of $27.47, while it has fallen to a 52-week low of $15.67. The 50-Day Moving Average of the stock is -17.86%, while the 200-Day Moving Average is calculated to be -28.85%.
Shares Statistics:
For the past three months, SBLK has traded an average of 1.82M shares per day and 2679970 over the past ten days. A total of 117.89M shares are outstanding, with a floating share count of 112.66M. Insiders hold about 5.19% of the company’s shares, while institutions hold 41.07% stake in the company. Shares short for SBLK as of 1730332800 were 1452167 with a Short Ratio of 0.77, compared to 1727654400 on 1707035. Therefore, it implies a Short% of Shares Outstanding of 1452167 and a Short% of Float of 1.2899999500000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 15.06.
