• Sun. Sep 25th, 2022

$100 Invested In Star Bulk Carriers 5 Years Ago Would Be Worth This Much Today

ByBenzinga Insights

Aug 19, 2022
$100 Invested In Star Bulk Carriers 5 Years Ago Would Be Worth This Much Today

Star Bulk Carriers SBLK has outperformed the market over the past 5 years by 5.83% on an annualized basis producing an average annual return of 17.3%. Currently, Star Bulk Carriers has a market capitalization of $2.56 billion.

Buying $100 In SBLK: If an investor had bought $100 of SBLK stock 5 years ago, it would be worth $228.36 today based on a price of $24.96 for SBLK at the time of writing.

Star Bulk Carriers’s Performance Over Last 5 Years

Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.