Scorpio Bulkers Inc (SALT) is Trading Lower on Unusual Volume for January 18

Equities Staff |

Scorpio Bulkers Inc (SALT) experienced unusually high volume on Jan. 18, as the stock lost 2.67% to a closing price of $3.65. The stock saw 561,481 shares trade hands over the course of the day on 2,869 trades. Given that the stock’s average daily volume over the last month has been 342,542 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 $2.83 over the last 52-weeks, its 50-day SMA is now $9.50, and its 200-day SMA $19.15.

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 Equities.com’s Stock Valuation Analysis report for SALT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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

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