Scorpio Bulkers Inc. Shares Close the Week 24.3% Higher - Weekly Wrap
Scorpio Bulkers Inc. shares closed this week 24.3% higher than it did at the end of last week. The stock is currently up 18.3% year-to-date, down 44.4% over the past 12 months, and down 18.3% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the SP 500 rose 4.8%. Trading Activity Shares traded as high as $20.09 and as low as $15.91 this week.Shares closed 5e 1% below its 52-week high and 8e 1% above its 52-week low.Trading volume this week was 34.7% lower than the 10-day average and 15.8% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39
Scorpio Bulkers Inc. Shares Close the Week 24.3% Higher - Weekly Wrap
Scorpio Bulkers Inc. shares closed this week 24.3% higher than it did at the end of last week. The stock is currently up 18.3% year-to-date, down 44.4% over the past 12 months, and down 18.3% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the SP 500 rose 4.8%. Trading Activity Shares traded as high as $20.09 and as low as $15.91 this week.Shares closed 5e 1% below its 52-week high and 8e 1% above its 52-week low.Trading volume this week was 34.7% lower than the 10-day average and 15.8% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39