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Enter Symbol:
Eagle Bulk Shipping Inc. (EGLE) [hlAlert]

down 99.69 %

Eagle Bulk Shipping Inc. (EGLE) rated Buy

Posted on: Wednesday,  Nov 14, 2007  9:25 AM ET by UBS

UBS rated Buy Eagle Bulk Shipping Inc. (NASDAQ: EGLE) on 11/14/2007, when the stock price was $2177.28. Since
then, Eagle Bulk Shipping Inc. has lost 99.69% as of 08/27/2015's recent price of $6.69.
If you would have followed this UBS's recommendation on EGLE, you would have lost 99.69% of your investment in 2843 days.

Eagle Bulk Shipping Inc. is primarily engaged in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company operates in the Handymax sector of the dry bulk industry, with particular emphasis on the Supramax class of vessels. As of December 31, 2008, Eagle Bulk Shipping Inc. owned and operated a fleet of 23 oceangoing vessels with a combined carrying capacity of 1,184,939 deadweight tons and an average age of approximately six years. As of December 31, 2008, the Company had taken delivery of three Supramax newbuilding vessels and it was also constructing another 24 Supramax vessels. In May 2008, the Company acquired two Supramax vessels, Goldeneye and Redwing.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/14/2007 9:25 AM Buy
as of 8/27/2015
1 Week down  -22.47 %
1 Month down  -3.74 %
3 Months down  -33.10 %
1 YTD down  -91.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2007 9:25 AM Hold
8/13/2007 9:25 AM Buy

(*) Stock Price at the time of the recommendation.
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