Scorpio Bulkers Inc (SALT) is Trading Lower on Unusual Volume for January 12

Equities Staff  |

Scorpio Bulkers Inc (SALT) experienced unusually high volume on Jan. 12, as the stock lost 22.95% to a closing price of $3.66. The stock saw 720,244 shares trade hands over the course of the day on 3,552 trades. Given that the stock’s average daily volume over the last month has been 252,307 shares a day, this represents a pretty substantial spike over the norm.

Scorpio Bulkers Inc has a P/B ratio of 0.09. The stock has traded between $35.39 and $4.38 over the last 52-weeks, its 50-day SMA is now $10.53, and its 200-day SMA $19.64.

Scorpio Bulkers Inc is engaged in acquiring and operating newbuilding drybulk carriers with fuel-efficient specifications and carrying capacities of greater than 30,000 dwt in the international shipping markets. It owns two Kamsarmax vessels.

Headquartered in Monaco, , Scorpio Bulkers Inc has 3 employees and is currently under the leadership of CEO Emanuele A. Lauro.

For a complete fundamental analysis analysis of Scorpio Bulkers Inc, check out’s Stock Valuation Analysis report for SALT. To see the latest independent stock recommendations from’s analysts, visit our Research section.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



Symbol Last Price Change % Change










What Is Petrolithium?

MGX Minerals explains the advantages of petrolithium and how they are helping to solve future problems today.

Emerging Growth

Margaux Resources Ltd.

Margaux Resources Ltd is a Calgary based resource company. The Company is focused on its Jersey Emeral Tungsten-Zinc property located in the southeast portion of British Columbia.