Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
After finishing at $21.05 in the prior trading day, Star Bulk Carriers Corp (NASDAQ: SBLK) closed at $20.64, down -1.95%. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 1.38 million shares were traded. SBLK stock price reached its highest trading level at $20.92 during the session, while it also had its lowest trading level at $20.62.
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 5.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.91. 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.
On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $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 2403816960 and an Enterprise Value of 3607869440. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.59, and their Forward P/E ratio for the next fiscal year is 4.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 3.283 whereas that against EBITDA is 7.481.
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 -3.94%, while the 200-Day Moving Average is calculated to be -10.90%.
Shares Statistics:
The stock has traded on average 1.65M shares per day over the past 3-months and 1388380 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 45.10% stake in the company. Shares short for SBLK as of 1727654400 were 1707035 with a Short Ratio of 1.03, compared to 1724976000 on 2554835. Therefore, it implies a Short% of Shares Outstanding of 1707035 and a Short% of Float of 1.50999995.
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 0.10071259The stock’s 5-year Average Dividend Yield is 15.06.
