Shares of Star Bulk Carriers Corp. (SBLK) Rise Above Previous 52-Week High

May 20, 2022 10:01:17

Shares of Star Bulk Carriers Corp. (NASDAQ:SBLK) traded at a new 52-week high today of $33.05. This new high was reached on below average trading volume as 85,000 shares traded hands, while the average 30-day volume is approximately 2.3 million shares.

Star Bulk Carriers Corp. share prices have moved between a 52-week high of $33.05 and a 52-week low of $16.56 and are now trading 95% above that low price at $32.23 per share.

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.

Star Bulk Carriers Corp. (NASDAQ:SBLK) is currently priced 0.1% above its average consensus analyst price target of $32.21.

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