Star Bulk Carriers Corp (NASDAQ: SBLK) kicked off on Monday, up 3.04% from the previous trading day, before settling in for the closing price of $14.80. Over the past 52 weeks, SBLK has traded in a range of $14.59-$27.47.
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During the last 5-year period, the sales growth of Industrials Sector giant was 16.71%. While this was happening, its average annual earnings per share was recorded 47.35%. With a float of $112.66 million, this company’s outstanding shares have now reached $117.89 million.
Let’s determine the extent of company efficiency that accounts for 216 employees. In terms of profitability, gross margin is 36.7%, operating margin of 30.58%, and the pretax margin is 24.73%.
Star Bulk Carriers Corp (SBLK) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Marine Shipping Industry. The insider ownership of Star Bulk Carriers Corp is 5.19%, while institutional ownership is 40.90%. The most recent insider transaction that took place on Dec 18 ’24, was worth 173,000. Before that another transaction happened on Dec 30 ’24, when Company’s Director proposed sale 11,500 for $15.00, making the entire transaction worth $172,500.
Star Bulk Carriers Corp (SBLK) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 47.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.47% during the next five years compared to 18.28% growth over the previous five years of trading.
Star Bulk Carriers Corp (NASDAQ: SBLK) Trading Performance Indicators
Take a look at Star Bulk Carriers Corp’s (SBLK) current performance indicators. Last quarter, stock had a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49. Likewise, its price to free cash flow for the trailing twelve months is 4.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.96, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.92 in one year’s time.
Technical Analysis of Star Bulk Carriers Corp (SBLK)
Looking closely at Star Bulk Carriers Corp (NASDAQ: SBLK), its last 5-days average volume was 2.03 million, which is a jump from its year-to-date volume of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 21.33%. Additionally, its Average True Range was 0.48.
During the past 100 days, Star Bulk Carriers Corp’s (SBLK) raw stochastic average was set at 7.15%, which indicates a significant decrease from 24.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.83% in the past 14 days, which was lower than the 30.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.28, while its 200-day Moving Average is $22.19. However, in the short run, Star Bulk Carriers Corp’s stock first resistance to watch stands at $15.47. Second resistance stands at $15.70. The third major resistance level sits at $16.03. If the price goes on to break the first support level at $14.91, it is likely to go to the next support level at $14.58. Now, if the price goes above the second support level, the third support stands at $14.35.
Star Bulk Carriers Corp (NASDAQ: SBLK) Key Stats
The company with the Market Capitalisation of 1.81 billion has total of 84,017K Shares Outstanding. Its annual sales at the moment are 949,270 K in contrast with the sum of 173,560 K annual income. Company’s last quarter sales were recorded 344,280 K and last quarter income was 81,270 K.
