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After finishing at $22.51 in the prior trading day, Star Bulk Carriers Corp (NASDAQ: SBLK) closed at $21.95, down -2.49%. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 1.25 million shares were traded. SBLK stock price reached its highest trading level at $22.24 during the session, while it also had its lowest trading level at $21.83.
Ratios:
Our goal is to gain a better understanding of SBLK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.53.
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 this company, Jefferies on July 21, 2022, initiated with a Buy rating and assigned the stock a target price of $30.
Pareto Downgraded its Buy to Hold on February 23, 2022, while the target price for the stock was maintained at $30.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2506602240 and an Enterprise Value of 3763530496. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.08, and their Forward P/E ratio for the next fiscal year is 5.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 3.425 whereas that against EBITDA is 7.804.
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 $17.91. The 50-Day Moving Average of the stock is 1.83%, while the 200-Day Moving Average is calculated to be -5.23%.
Shares Statistics:
The stock has traded on average 1.65M shares per day over the past 3-months and 1559700 shares per day over the last 10 days, according to various share statistics. A total of 118.83M shares are outstanding, with a floating share count of 112.66M. Insiders hold about 5.19% of the company’s shares, while institutions hold 45.27% stake in the company. Shares short for SBLK as of 1726185600 were 2180650 with a Short Ratio of 1.32, compared to 1723680000 on 2505014. Therefore, it implies a Short% of Shares Outstanding of 2180650 and a Short% of Float of 1.9299999.
Dividends & Splits
In the trailing 12 months, SBLK’s forward annual dividend rate was 2.12, compared to 2.12 this year. Against a Trailing Annual Dividend Yield of 0.09418036The stock’s 5-year Average Dividend Yield is 15.06.
