Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Star Bulk Carriers Corp. (SBLK) Stock Price

Media coverage about Star Bulk Carriers Corp. (NASDAQ:SBLK) has trended somewhat positive on Saturday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Star Bulk Carriers Corp. earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news articles about the shipping company an impact score of 46.4675485795752 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have effected Accern’s scoring:

Shares of Star Bulk Carriers Corp. (NASDAQ:SBLK) traded up $0.19 during trading on Friday, reaching $9.60. The company had a trading volume of 758,180 shares, compared to its average volume of 580,851. The company has a debt-to-equity ratio of 0.96, a current ratio of 6.93 and a quick ratio of 6.93. Star Bulk Carriers Corp. has a 1 year low of $4.63 and a 1 year high of $13.40.

A number of brokerages have recently issued reports on SBLK. TheStreet raised Star Bulk Carriers Corp. from a “d+” rating to a “c” rating in a research report on Wednesday, August 9th. BidaskClub lowered Star Bulk Carriers Corp. from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Zacks Investment Research raised Star Bulk Carriers Corp. from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Friday, October 20th. Stifel Nicolaus set a $11.00 price objective on Star Bulk Carriers Corp. and gave the company a “hold” rating in a report on Sunday, October 22nd. Finally, Pareto Securities raised Star Bulk Carriers Corp. from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Star Bulk Carriers Corp. currently has a consensus rating of “Buy” and an average target price of $13.00.

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About Star Bulk Carriers Corp.

Star Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. As of December 31, 2016, the Company’s fleet included 73 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels with a carrying capacity between 52,055 and 209,537 deadweight tonnage (dwt).

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