Shares of Star Bulk Carriers Corp. (NASDAQ:SBLK) traded at a new 52-week high today of $25.98. This new high was reached on below average trading volume as 582,000 shares traded hands, while the average 30-day volume is approximately 2 million shares.
Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport major bulks, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.
In the past 52 weeks, Star Bulk Carriers Corp. share prices are bracketed by a low of $6.12 and a high of $25.98 and is now at $24.66, 303% above that low price.
Star Bulk Carriers Corp. (NASDAQ:SBLK) is currently priced 95.3% above its average consensus analyst price target of $1.16.
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