EGLE - is it a good buy now?

layschips

I was looking for some hedge for my FAZ and bunch of H*D.TO when I found this old friend. After dropping like crap it is growing some 'green shoots'. What do you think, dear Lao Das?

Eagle Bulk Shipping, Inc. (EGLE)
Last Trade:         5.20 USD
Change:         Up 0.38 (7.88%)
Day's Range:         4.63 - 5.20
52wk Range:         2.55 - 30.46
P/E (ttm):         3.78
EPS (ttm):         1.38
Div & Yield:         1.00 (20.75%)