Star Bulk Carriers Corp (NASDAQ: SBLK) on Friday, plunged -7.95% from the previous trading day, before settling in for the closing price of $14.21. Within the past 52 weeks, SBLK’s price has moved between $14.19 and $27.47.
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Industrials Sector giant saw their annual sales surged by 18.15% over the last five years. The company achieved an average annual earnings per share of -34.10%. With a float of $99.42 million, this company’s outstanding shares have now reached $117.63 million.
The firm has a total of 301 workers. Let’s measure their productivity. In terms of profitability, gross margin is 33.92%, operating margin of 29.93%, and the pretax margin is 24.07%.
Star Bulk Carriers Corp (SBLK) Breakdown of a Key Holders of the stock
Observing investor behavior towards Marine Shipping industry stocks is more important than anything else. The insider ownership of Star Bulk Carriers Corp is 15.12%, while institutional ownership is 34.85%. 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 0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.10% per share during the next fiscal year.
Star Bulk Carriers Corp (NASDAQ: SBLK) Trading Performance Indicators
Star Bulk Carriers Corp (SBLK) is currently performing well based on its current performance indicators. A quick ratio of 1.44 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 3.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.86, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach 3.35 in one year’s time.
Technical Analysis of Star Bulk Carriers Corp (SBLK)
Analysing the last 5-days average volume posted by the [Star Bulk Carriers Corp, SBLK], we can find that recorded value of 2.04 million was lower than the volume posted last year of 2.19 million. As of the previous 9 days, the stock’s Stochastic %D was 11.22%. Additionally, its Average True Range was 0.64.
During the past 100 days, Star Bulk Carriers Corp’s (SBLK) raw stochastic average was set at 4.60%, which indicates a significant decrease from 7.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.17% in the past 14 days, which was higher than the 39.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.71, while its 200-day Moving Average is $18.99. Now, the first resistance to watch is $13.55. This is followed by the second major resistance level at $14.01. The third major resistance level sits at $14.43. If the price goes on to break the first support level at $12.67, it is likely to go to the next support level at $12.25. Now, if the price goes above the second support level, the third support stands at $11.79.
Star Bulk Carriers Corp (NASDAQ: SBLK) Key Stats
Market capitalization of the company is 1.53 billion based on 117,630K outstanding shares. Right now, sales total 1,265 M and income totals 304,650 K. The company made 308,920 K in profit during its latest quarter, and 42,450 K in sales during its previous quarter.
