Scorpio Bulkers Inc.s in-depth stock price analysis indicates that the stock price has rallied 34.26% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 119.03% . Looking at the past 52 week period, the stock price is up at 268.02% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Scorpio Bulkers Inc. has a positive value of 53.96 compared to overall market. Scorpio Bulkers Inc. (NYSE:SALT) has tumbled 0.68% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 16.94% in the last four weeks. The stocks have underperformed the S&P 500 by 1.49% during the past week but Scorpio Bulkers Inc. (NYSE:SALT) it has outperformed the index in 4 weeks by 14.84%.
Scorpio Bulkers Inc. (NYSE:SALT) : On Friday heightened volatility was witnessed in Scorpio Bulkers Inc. (NYSE:SALT) which led to swings in the share price. The stock opened for trading at $7.25 and hit $7.55 on the upside , eventually ending the session at $7.25, with a gain of 0.69% or 0.05 points. The heightened volatility saw the trading volume jump to 1,455,619 shares. The 52-week high of the share price is $8.0815 and the company has a market cap of $546 million. The 52-week low of the share price is at $1.79 .
Scorpio Bulkers Inc Last issued its quarterly earnings results on Feb 6, 2017. The company reported $-0.29 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $-0.26. The company had revenue of $26.85 million for the quarter, compared to analysts expectations of $28.25 million. The companys revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.80 EPS.
Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. The companys vessels consist of Ultramax, Kamsarmax and Capesize. It operates shipyards in Japan, China and Romania. Scorpio Bulkers Inc. is based in MONACO.