Star Bulk Carriers (NASDAQ:SBLK) Stock Upgrade
Shares of Star Bulk Carriers (NASDAQ:SBLK) were upgraded to a solid “Hold” rating by stock analysts working for BidaskScore. SBLK’s previous rating has been discontinued by the firm.
The stock increased 0.75% or $0.08 during the last trading session, reaching $10.72. About 489,711 shares traded. Star Bulk Carriers Corp. (NASDAQ:SBLK) has declined 23.17% since December 4, 2018 and is downtrending. It has underperformed by 23.17% the S&P500.
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company has market cap of $1.03 billion. The Company’s vessels transport bulk commodities, including ores, coal, grains, fertilizers, and steel products. It currently has negative earnings. As of March 9, 2017, the firm had a fleet of 68 operating vessels and 4 newbuilding vessels, as well as operated a chartered-in Supramax vessel.
More notable recent Star Bulk Carriers Corp. (NASDAQ:SBLK) news were published by: Globenewswire.com which released: “Star Bulk Carriers Corp. Announces Share Repurchase Program – GlobeNewswire” on November 29, 2018, also Globenewswire.com with their article: “Star Bulk Carriers Corp. and E.R. Capital Holding Mutually Waive Exercise of Vessel Options – GlobeNewswire” published on April 02, 2019, Finance.Yahoo.com published: “What Kind Of Investor Owns Most Of Star Bulk Carriers Corp. (NASDAQ:SBLK)? – Yahoo Finance” on August 28, 2019. More interesting news about Star Bulk Carriers Corp. (NASDAQ:SBLK) were released by: Seekingalpha.com and their article: “Star Bulk Carriers’ President On The Dry Bulk Market (Podcast) – Seeking Alpha” published on October 31, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For November 20, 2019 – Benzinga” with publication date: November 20, 2019.
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