Star Bulk Carriers Corp’s recent filing unveils that its Officer Norton Hamish acquired Company’s shares for reported $85401.0 on Apr 11 ’25. In the deal valued at $13.53 per share,6,312 shares were bought.
Then, Koert Erhardt bought 11,500 shares, generating $173,000 in total proceeds.
Before that, Zagari Raffaele bought 11,500 shares. Star Bulk Carriers Corp shares valued at $172,500 were divested by the Director at a price of $15.00 per share.
DNB Markets upgraded its Star Bulk Carriers Corp [SBLK] rating to a Hold from a a Sell in a research note published on November 21, 2024; the price target was increased to $20.20 from $19.30. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Hold”. DNB Markets also remained covering SBLK and has decreased its forecast on October 11, 2024 with a “Sell” recommendation from previously “Hold” rating. Jefferies started covering the stock on July 21, 2022. It rated SBLK as “a Buy”.
Price Performance Review of SBLK
On Monday, Star Bulk Carriers Corp [NASDAQ:SBLK] saw its stock fall -1.45% to $13.59. Over the last five days, the stock has lost -4.56%. Star Bulk Carriers Corp shares have fallen nearly -9.10% since the year began. Nevertheless, the stocks have fallen -41.17% over the past one year. While a 52-week high of $27.47 was reached on 03/20/25, a 52-week low of $12.06 was recorded on 04/09/25. SMA at 50 days reached $15.38, while 200 days put it at $18.45.
Levels Of Support And Resistance For SBLK Stock
The 24-hour chart illustrates a support level at 13.38, which if violated will result in even more drops to 13.16. On the upside, there is a resistance level at 13.80. A further resistance level may holdings at 14.00. The Relative Strength Index (RSI) on the 14-day chart is 40.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.15%. Stochastics %K at 44.41% indicates the stock is a holding.
How much short interest is there in Star Bulk Carriers Corp?
A steep rise in short interest was recorded in Star Bulk Carriers Corp stocks on 2025-03-31, growing by 1.96 million shares to a total of 5.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.13 million shares. There was a rise of 38.46%, which implies that there is a positive sentiment for the stock.
