Star Bulk Carriers In Focus: Stock Adds 11.8% In Session - Tale Of The Tape - Global Ship Lease (NYSE:GSL), Euroseas (NASDAQ:ESEA)

Star Bulk Carriers Corp. SBLK was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.19 to $12.31 over the past one-month time frame.

This shipping stock witnessed one downward estimate revision over the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.

Star Bulk Carriers carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same sector include China COSCO Holdings Company Limited (CICOY), Euroseas, Ltd. ESEA and Global Ship Lease, Inc. GSL. All these stocks hold a Zacks Rank #2 (Buy).

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STAR BULK CARRS SBLK: Free Stock Analysis Report

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EUROSEAS LTD ESEA: Free Stock Analysis Report

GLOBAL SHIP LS GSL: Get Free Report

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