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

up 2,536.77 %

Eagle Bulk Shipping Inc. (EGLE) downgraded to Sell by Deutsche Bank

Posted on: Tuesday,  Jul 26, 2011  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Sell Eagle Bulk Shipping Inc. (NASDAQ: EGLE) on 07/26/2011, when the stock price was $176.40.
Since then, Eagle Bulk Shipping Inc. has lost 96.21% as of 08/27/2015's recent price of $6.69.
If you would have followed this Deutsche Bank's recommendation on EGLE, you would have gained 2536.77% of your investment in 1493 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2011 1:25 PM Sell
as of 12/30/2011
1 Week up  4.08 %
1 Month up  15.31 %
3 Months up  40.12 %
1 YTD up  61.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2010 1:25 PM Hold
372.24 432.00

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