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Star Bulk Carriers (SBLK) in Focus: Stock Up 6.7% in Session
Star Bulk Carriers Corp. (SBLK - Free Report) was a big mover last session, as the company saw its shares rise roughly 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.99 to $4.42 in the past one-month time frame.
None of the estimates for this shipping industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Star Bulk Carriers has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
STAR BULK CARRS Price
STAR BULK CARRS Price | STAR BULK CARRS Quote
However, a better-ranked stock in the same space is Aegean Marine Petroleum Network Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is SBLK going up? Or down? Predict to see what others think: Up or Down
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