Star Bulk Carriers Corp (SBLK)’s Day in Review: Closing at 23.95, Down by -1.07

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After finishing at $24.21 in the prior trading day, Star Bulk Carriers Corp (NASDAQ: SBLK) closed at $23.95, down -1.07%. In other words, the price has decreased by -$1.07 from its previous closing price. On the day, 1.09 million shares were traded. SBLK stock price reached its highest trading level at $24.08 during the session, while it also had its lowest trading level at $23.75.

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 10.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.59.

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.

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 2734994176 and an Enterprise Value of 3698920448. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.75, and their Forward P/E ratio for the next fiscal year is 5.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 3.757 whereas that against EBITDA is 9.523.

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 $16.57. The 50-Day Moving Average of the stock is -5.34%, while the 200-Day Moving Average is calculated to be 7.48%.

Shares Statistics:

The stock has traded on average 1.67M shares per day over the past 3-months and 1407960 shares per day over the last 10 days, according to various share statistics. A total of 113.81M shares are outstanding, with a floating share count of 107.62M. Insiders hold about 5.44% of the company’s shares, while institutions hold 33.75% stake in the company. Shares short for SBLK as of 1718323200 were 3012622 with a Short Ratio of 1.80, compared to 1715731200 on 1954913. Therefore, it implies a Short% of Shares Outstanding of 3012622 and a Short% of Float of 2.6800001.

Dividends & Splits

In the trailing 12 months, SBLK’s forward annual dividend rate was 1.82, compared to 1.82 this year. Against a Trailing Annual Dividend Yield of 0.07517555The stock’s 5-year Average Dividend Yield is 15.06.

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