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Star Bulk Carriers Corp (NASDAQ: SBLK) closed the day trading at $18.97 down -5.29% from the previous closing price of $20.03. In other words, the price has decreased by -$5.29 from its previous closing price. On the day, 4.5 million shares were traded. SBLK stock price reached its highest trading level at $20.2 during the session, while it also had its lowest trading level at $18.925.
Ratios:
For a better understanding of SBLK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.31. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.44.
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, Stifel on October 23, 2024, Downgraded its rating to Hold and sets its target price to $21 from $30 previously.
On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $30.Jefferies initiated its Buy rating on July 21, 2022, with a $30 target price.
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 2287345664 and an Enterprise Value of 3535385856. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.42, and their Forward P/E ratio for the next fiscal year is 6.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 0.87. 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 $18.92. The 50-Day Moving Average of the stock is -8.82%, while the 200-Day Moving Average is calculated to be -17.32%.
Shares Statistics:
Over the past 3-months, SBLK traded about 1.70M shares per day on average, while over the past 10 days, SBLK traded about 1837890 shares per day. 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 41.09% stake in the company. Shares short for SBLK as of 1730332800 were 1452167 with a Short Ratio of 0.86, 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.
