Media headlines about Eagle Bulk Shipping (NASDAQ:EGLE) have been trending somewhat positive recently, AlphaOne reports. The research firm, a unit of Accern, identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eagle Bulk Shipping earned a news impact score of 0.05 on AlphaOne’s scale. AlphaOne also gave news articles about the shipping company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted AlphaOne Sentiment’s rankings:
- Keeping Tabs on Shares of Eagle Bulk Shipping Inc. (NASDAQ:EGLE) – Business Daily (oxfordbusinessdaily.com)
- Eagle Bulk Takes Delivery of M/V Stonington Eagle (finance.yahoo.com)
- Eagle Bulk Shipping Inc (EGLE) Moves 4.51% – Pearson Press (pearsonnewspress.com)
- Eagle Bulk Shipping Inc (EGLE) Given Consensus Rating of “Strong Buy” by Analysts (hellenicshippingnews.com)
- Tale of the Tape: Eagle Bulk Shipping Inc. (NASDAQ:EGLE) Moves … – Concord Register (concordregister.com)
Several equities research analysts have commented on EGLE shares. Seaport Global Securities restated a “buy” rating and issued a $7.00 price objective on shares of Eagle Bulk Shipping in a research report on Thursday, March 9th. Zacks Investment Research upgraded Eagle Bulk Shipping from a “hold” rating to a “buy” rating and set a $6.25 price objective on the stock in a research report on Friday, March 24th.
Shares of Eagle Bulk Shipping (NASDAQ:EGLE) traded up 3.53% on Friday, hitting $4.99. The stock had a trading volume of 92,550 shares. Eagle Bulk Shipping has a one year low of $4.06 and a one year high of $12.90. The firm’s 50-day moving average is $5.05 and its 200-day moving average is $5.70.
Eagle Bulk Shipping (NASDAQ:EGLE) last announced its earnings results on Monday, May 8th. The shipping company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.05. Eagle Bulk Shipping had a negative return on equity of 29.84% and a negative net margin of 148.42%. The company had revenue of $45.86 million for the quarter, compared to the consensus estimate of $31.30 million. On average, analysts expect that Eagle Bulk Shipping will post ($0.65) earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “Eagle Bulk Shipping (EGLE) Receives News Sentiment Rating of 0.05” was published by sleekmoney and is the sole property of of sleekmoney. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be accessed at https://sleekmoney.com/eagle-bulk-shipping-egle-receives-news-sentiment-rating-of-0-05/1836716.html.
About Eagle Bulk Shipping
Eagle Bulk Shipping Inc is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company operates in the Handymax sector of the dry bulk industry, with particular emphasis on the Supramax class of vessels.
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/eagle-bulk-shipping-egle-receives-news-sentiment-rating-of-0-05/1836716.html
Receive News & Ratings for Eagle Bulk Shipping Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Bulk Shipping Inc and related companies with MarketBeat.com's FREE daily email newsletter.