EDRY has been the topic of several other reports. Noble Financial reissued a “buy” rating and set a $13.50 target price on shares of EuroDry in a research note on Friday, March 1st. Zacks Investment Research raised shares of EuroDry from a “sell” rating to a “hold” rating in a research note on Monday, April 15th. Finally, Maxim Group reissued a “buy” rating and set a $11.00 target price on shares of EuroDry in a research note on Thursday, May 23rd.
EDRY traded down $0.42 during midday trading on Wednesday, hitting $6.76. 1,500 shares of the company were exchanged, compared to its average volume of 9,558. The company has a market capitalization of $16.37 million and a P/E ratio of 28.17. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.55 and a current ratio of 1.60. EuroDry has a 1-year low of $6.08 and a 1-year high of $14.50.
EuroDry Company Profile
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks comprising bauxite, phosphate, and fertilizers. As of November 15, 2018, it operated a fleet of six vessels, including one Ultramax, two Kamsarmax, and three Panamax drybulk carriers with a cargo capacity of 453,086 deadweight tons.
Recommended Story: What is a back-end load?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for EuroDry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EuroDry and related companies with MarketBeat.com's FREE daily email newsletter.