Scorpio Bulkers Inc. (NYSE:SALT) rose 3% in pre-market

Scorpio Bulkers Inc. (NYSE:SALT) rose 3% in pre-market trading after reporting company president purchased 125,000 shares at $4.58 per share.

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the SALT is 37.66%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the SALT is 39.00%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that SALT. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Scorpio Bulkers Inc. (NYSE:SALT) is 0.00%.

Institutional transactions is the amount of a Scorpio Bulkers Inc. (NYSE:SALT)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the SALT is -3.28%.

A Services sector firm, Scorpio Bulkers Inc. (NYSE:SALT) stock remains unchanged on Tuesday and when day-trade ended the stock finally concluded at $5.08 and number of shares that changed hands during the day are 326381. The number of shares SALT stock currently held by all its shareholders are 69.67 and floated shares, the number of shares are available for trading in an open market on last trading day are 44.40. The average volume of shares for 3 months is 408.52 and SALT stock value has moved between $3.58 – 7.58 in last one year.

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The Scorpio Bulkers Inc. (NYSE:SALT)’s latest earnings date is 7/29/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Scorpio Bulkers Inc. (NYSE:SALT) is 55.40% and the profit margin is -4.40% and the stock has gained -8.14% in 2019 to date.

Scorpio Bulkers Inc. (NYSE:SALT)’s monthly stock performance is 25.43%, the quarterly performance is 24.82%, the half year performance is calculated as -8.14%. The yearly performance of SALT is -28.45%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Scorpio Bulkers Inc. (NYSE:SALT) weekly volatility is measured as 4.88% and monthly volatility measured as 4.26%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. SALT return on assets is -0.60%, the return on equity (ROE) of the Scorpio Bulkers Inc. (NYSE:SALT) is -1.20%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and SALT return on investment is 2.60%.

The price to sales ratio is 1.48, and price to book ratio is 0.40, price to cash per share ration is 6.97.

Analysts mean target price for Scorpio Bulkers Inc. (NYSE:SALT) is $7.85 while analysts mean recommendation is 1.90. The current share price indicates that stock is -32.72% away from its one year high and is moving 42.30% ahead of its 52-week low. SALT’s distance from 20 day simple moving average is 15.65% and distance from 50-Day simple moving average is 9.13%.