Safe Bulkers, Inc (SB) average volume reaches $520.89K: Is Wall Street expecting a rally?

On Monday, Safe Bulkers, Inc (NYSE: SB) was -2.16% drop from the session before settling in for the closing price of $4.17. A 52-week range for SB has been $3.45 – $6.33.

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Industrials Sector giant saw their annual sales surged by 11.24% over the last five years. When this article was written, the company’s average yearly earnings per share was at 27.06%. With a float of $58.39 million, this company’s outstanding shares have now reached $111.61 million.

The firm has a total of 1102 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.17%, operating margin of 41.32%, and the pretax margin is 33.17%.

Safe Bulkers, Inc (SB) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Safe Bulkers, Inc stocks. The insider ownership of Safe Bulkers, Inc is 45.31%, while institutional ownership is 28.74%.

Safe Bulkers, Inc (SB) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.25 earnings per share (EPS) during the time that was better than consensus figure (set at 0.17) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 27.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 30.64% growth over the previous five years of trading.

Safe Bulkers, Inc (NYSE: SB) Trading Performance Indicators

You can see what Safe Bulkers, Inc (SB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.71 in one year’s time.

Technical Analysis of Safe Bulkers, Inc (SB)

Analysing the last 5-days average volume posted by the [Safe Bulkers, Inc, SB], we can find that recorded value of 0.67 million was better than the volume posted last year of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 22.62%. Additionally, its Average True Range was 0.14.

During the past 100 days, Safe Bulkers, Inc’s (SB) raw stochastic average was set at 6.52%, which indicates a significant decrease from 22.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.12% in the past 14 days, which was lower than the 31.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.56, while its 200-day Moving Average is $5.01. Now, the first resistance to watch is $4.17. This is followed by the second major resistance level at $4.25. The third major resistance level sits at $4.36. If the price goes on to break the first support level at $3.98, it is likely to go to the next support level at $3.87. Should the price break the second support level, the third support level stands at $3.79.

Safe Bulkers, Inc (NYSE: SB) Key Stats

There are 106,778K outstanding shares of the company, which has a market capitalization of 435.62 million. As of now, sales total 284,400 K while income totals 77,350 K. Its latest quarter income was 75,920 K while its last quarter net income were 25,120 K.