Market Insight: Star Bulk Carriers Corp (SBLK)’s Notable Drop, Closing at 14.94

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Star Bulk Carriers Corp (NASDAQ: SBLK) closed at $14.94 down -0.40% from its previous closing price of $15.00. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 2.17 million shares were traded. SBLK stock price reached its highest trading level at $15.08 during the session, while it also had its lowest trading level at $14.59.

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 3.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.14. 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 Dec 30 ’24 when Zagari Raffaele bought 11,500 shares for $15.00 per share.

Norton Hamish bought 16,450 shares of SBLK for $344,956 on Aug 12 ’24.

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 1768387968 and an Enterprise Value of 3535385856. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.05, and their Forward P/E ratio for the next fiscal year is 5.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 0.70. 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 $14.71. The 50-Day Moving Average of the stock is -20.55%, while the 200-Day Moving Average is calculated to be -33.25%.

Shares Statistics:

For the past three months, SBLK has traded an average of 1.87M shares per day and 2829440 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 40.89% stake in the company. Shares short for SBLK as of 1730332800 were 1452167 with a Short Ratio of 0.95, 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.

Most Popular