Safe Bulkers (NYSE:SB) will issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.
Shares of Safe Bulkers (SB) opened at $3.27 on Wednesday. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $331.99, a PE ratio of -17.21 and a beta of 2.13. Safe Bulkers has a fifty-two week low of $1.23 and a fifty-two week high of $3.84.
Several large investors have recently bought and sold shares of the company. California State Teachers Retirement System bought a new position in shares of Safe Bulkers during the second quarter valued at approximately $195,000. Vanguard Group Inc. bought a new position in shares of Safe Bulkers during the second quarter valued at approximately $223,000. Finally, State Street Corp bought a new position in Safe Bulkers in the 2nd quarter worth approximately $1,088,000. 19.84% of the stock is owned by institutional investors.
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About Safe Bulkers
Safe Bulkers, Inc is a holding company. The Company’s principal business is the acquisition, ownership and operation of drybulk vessels. The Company’s vessels operate across the world, carrying drybulk cargo for the consumers of marine drybulk transportation services. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along shipping routes across the world.
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