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Star Bulk Carriers Corp. (SBLK): The stock ticks all the boxes for top investors

Star Bulk Carriers Corp. (SBLK) is priced at $25.50 after the most recent trading session. At the very opening of the session, the stock price was $26.70 and reached a high price of $26.85, prior to closing the session it reached the value of $26.32. The stock touched a low price of $25.55.Recently in News on August 3, 2022, Eneti Inc. Announces Financial Results for the Second Quarter of 2022 and Declares a Quarterly Cash Dividend. Eneti Inc. (NYSE: NETI) (“Eneti” or the “Company”), today reported its results for the three months ended June 30, 2022. 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.

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Star Bulk Carriers Corp. (SBLK) full year performance was 37.15%

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 -24.98% during the 52-week period from high price, and 43.25% 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 $17.80 and $33.99.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1251306 for the day, which was evidently lower, 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 16.10%, having the revenues showcasing -8.99% 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 2.75B, as it employees total of 181 workers.

The Analysts eye 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 27.95, with a change in the price was noted -4.60. In a similar fashion, Star Bulk Carriers Corp. posted a movement of -15.37% for the period of last 100 days, recording 2,514,873 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.

Technical rundown of Star Bulk Carriers Corp. (SBLK)

Raw Stochastic average of Star Bulk Carriers Corp. in the period of last 50 days is set at 35.20%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.02%. In the last 20 days, the company’s Stochastic %K was 83.73% and its Stochastic %D was recorded 87.39%.

Considering, the past performance of Star Bulk Carriers Corp., 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 16.10%. Additionally, trading for the stock in the period of the last six months notably improved by 18.35%, alongside a boost of 37.15% for the period of the last 12 months. The shares increased approximately by 2.77% in the 7-day charts and went down by 12.48% in the period of the last 30 days. Common stock shares were lifted by -8.99% during last recorded quarter.

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