A report released today by Zacks Investment Research about Star Bulk Carriers Corp. (NASDAQ:SBLK) raises the target price to $5.75
- Updated: November 30, 2016
Star Bulk Carriers Corp. (NASDAQ:SBLK) had its target price raised to $5.75 by Zacks Investment Research in a report released Thursday December 01, 2016. The new target price indicates a possible upside of 0.11% from the company's previous stock price.
Having a price of $5.17, Star Bulk Carriers Corp. (NASDAQ:SBLK) traded -3.90% lower on the day. With the last stock price up 22.20% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. SBLK has recorded a 50-day average of $4.79 and a two hundred day average of $4.23. Trade Volume was down over the average, with 0 shares of SBLK changing hands under the typical 315,133
Recent Performance Chart
Star Bulk Carriers Corp. has with a one year low of $1.57 and a one year high of $6.10 and has a market capitalization of $0.
General Company Details For Star Bulk Carriers Corp. (NASDAQ:SBLK)
Star Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. The Company's segment is operating dry bulk vessels. The Company will have a fleet of approximately 76 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels, with a carrying capacity between 45,588 dwt and 209,537 deadweight tonnage (dwt). Its fleet, which emphasizes Capesize vessels, primarily transports minerals from the Americas and Australia to East Asia, particularly China, as well as Japan, South Korea, Taiwan, Indonesia and Malaysia. The Company's Supramax vessels carry minerals, grain products and steel between the Americas, Europe, Africa, Australia and Indonesia and from these areas to China, Japan, South Korea, Taiwan, the Philippines and Malaysia. Its vessels include Maharaj, Star Poseidon, Leviathan, Peloreus, Star Borealis, Star Angie, Star Georgia, Star Nina and Mercurial Virgo.
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