Star Bulk Carriers Corp. (NASDAQ:SBLK) shares traded down 3.2% on Tuesday . The stock traded as low as $4.27 and last traded at $4.28, with a volume of 80,749 shares trading hands. The stock had previously closed at $4.42.

Several research analysts have weighed in on the company. Seaport Global Securities reiterated a “neutral” rating and issued a $4.00 target price on shares of Star Bulk Carriers Corp. in a research note on Tuesday, August 2nd. Zacks Investment Research downgraded Star Bulk Carriers Corp. from a “buy” rating to a “hold” rating in a research note on Friday, June 10th. JPMorgan Chase & Co. upgraded Star Bulk Carriers Corp. from a “neutral” rating to an “overweight” rating and set a $6.50 target price on the stock in a research note on Tuesday, July 19th. Finally, ABN Amro upgraded Star Bulk Carriers Corp. from an “add” rating to a “buy” rating in a research note on Thursday, April 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Star Bulk Carriers Corp. presently has an average rating of “Hold” and a consensus target price of $3.42.

The firm’s market cap is $183.29 million. The firm’s 50 day moving average price is $3.68 and its 200-day moving average price is $3.63.

Star Bulk Carriers Corp. (NASDAQ:SBLK) last issued its quarterly earnings results on Wednesday, June 29th. The company reported ($0.87) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.04) by $0.17. The business earned $46.30 million during the quarter. Analysts anticipate that Star Bulk Carriers Corp. will post ($2.98) EPS for the current year.

Star Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. The Company’s segment is operating dry bulk vessels. The Company will have a fleet of approximately 76 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels, with a carrying capacity between 45,588 dwt and 209,537 deadweight tonnage (dwt).

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