On Tuesday, Star Bulk Carriers Corp (NASDAQ: SBLK) was 1.80% up from the session before settling in for the closing price of $16.10. A 52-week range for SBLK has been $14.30 – $27.47.
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Annual sales at Industrials sector company grew by 14.36% over the past five years. When this article was written, the company’s average yearly earnings per share was at -26.83%. With a float of $112.66 million, this company’s outstanding shares have now reached $117.89 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Star Bulk Carriers Corp stocks. The insider ownership of Star Bulk Carriers Corp is 5.19%, while institutional ownership is 34.63%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -26.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.94% 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
You can see what Star Bulk Carriers Corp (SBLK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60. Likewise, its price to free cash flow for the trailing twelve months is 4.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.96, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach 3.44 in one year’s time.
Technical Analysis of Star Bulk Carriers Corp (SBLK)
Star Bulk Carriers Corp (NASDAQ: SBLK) saw its 5-day average volume 2.18 million, a positive change from its year-to-date volume of 1.77 million. As of the previous 9 days, the stock’s Stochastic %D was 77.87%. Additionally, its Average True Range was 0.45.
During the past 100 days, Star Bulk Carriers Corp’s (SBLK) raw stochastic average was set at 21.95%, which indicates a significant decrease from 72.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.14% in the past 14 days, which was lower than the 30.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.30, while its 200-day Moving Average is $20.63. Nevertheless, the first resistance level for the watch stands at $16.83 in the near term. At $17.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.54. If the price goes on to break the first support level at $16.12, it is likely to go to the next support level at $15.85. The third support level lies at $15.41 if the price breaches the second support level.
Star Bulk Carriers Corp (NASDAQ: SBLK) Key Stats
There are 84,017K outstanding shares of the company, which has a market capitalization of 1.95 billion. As of now, sales total 949,270 K while income totals 173,560 K. Its latest quarter income was 344,280 K while its last quarter net income were 81,270 K.
