Where Will Star Bulk Carriers Corp (SBLK) Stock Go Next After It Is Higher By 6.83% in a Week?

The market has been high on Star Bulk Carriers Corp (SBLK) stock recently. SBLK gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Star Bulk Carriers Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SBLK!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SBLK Stock Today?

Star Bulk Carriers Corp (SBLK) stock is higher by 3.28% while the S&P 500 has fallen -0.17% as of 1:07 PM on Thursday, Nov 30. SBLK is higher by $0.67 from the previous closing price of $20.30 on volume of 1,008,791 shares. Over the past year the S&P 500 is up 14.78% while SBLK is higher by 9.79%. SBLK earned $6.46 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.25. To screen for more stocks like Star Bulk Carriers Corp click here.

More About Star Bulk Carriers Corp

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. Click Here to get the full Stock Report for Star Bulk Carriers Corp stock.