At the end of the latest market close, Star Bulk Carriers Corp. (SBLK) was valued at $26.97. In that particular session, Stock kicked-off at the price of $26.99 while reaching the peak value of $27.1116 and lowest value recorded on the day was $26.2605. The stock current value is $24.41.Recently in News on June 21, 2022, 8th Capital Link Maritime Leaders Summit – Greece Concluded With Great Success. The 8th Capital Link Maritime Leaders Summit took place in Athens, on June 6th 2022, and it was a Posidonia Conference Program Event. You can read further details here
Star Bulk Carriers Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $33.99 on 05/31/22, with the lowest value was $18.70 for the same time period, recorded on 01/24/22.
Star Bulk Carriers Corp. (SBLK) full year performance was 19.87%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Star Bulk Carriers Corp. shares are logging -28.18% during the 52-week period from high price, and 47.42% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $16.56 and $33.99.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3869251 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Star Bulk Carriers Corp. (SBLK) recorded performance in the market was 18.97%, having the revenues showcasing -8.85% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.74B, as it employees total of 181 workers.
Specialists analysis on Star Bulk Carriers Corp. (SBLK)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 28.76, with a change in the price was noted +2.99. In a similar fashion, Star Bulk Carriers Corp. posted a movement of +13.92% for the period of last 100 days, recording 2,903,512 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SBLK is recording 0.72 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.62.
Trends and Technical analysis: Star Bulk Carriers Corp. (SBLK)
Raw Stochastic average of Star Bulk Carriers Corp. in the period of last 50 days is set at 2.26%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 2.26%. In the last 20 days, the company’s Stochastic %K was 13.33% and its Stochastic %D was recorded 16.20%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 18.97%. Additionally, trading for the stock in the period of the last six months notably improved by 35.80%, alongside a boost of 19.87% for the period of the last 12 months. The shares increased approximately by 6.06% in the 7-day charts and went up by -16.27% in the period of the last 30 days. Common stock shares were lifted by -8.85% during last recorded quarter.