Star Bulk Carriers Corp. (SBLK) in Focus: Stock Up 12.7% - Tale of the Tape
Star Bulk Carriers Corp.
) was a big mover last session, as its shares surged nearly 13% on
the day. The surge came on solid volume too with far more shares
changing hands than in a normal session. This continues the recent
uptrend for the company, as the stock is now up roughly 31% in the
past one-month time frame.
The company did not witness any estimate revision in the past few weeks and its Zacks Consensus Estimate also remained unchanged over the same time frame. However, Friday's price action is encouraging, so make sure to keep a close watch on this stock in the near future.
Star Bulk Carriers currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked shipping stocks include Baltic Trading Limited ( BALT ), DHT Holdings, Inc. ( DHT ) and Global Ship Lease, Inc. ( GSL ). All three stocks carry a Zacks Rank #2 (Buy).
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