Shares of EuroDry Ltd. (NASDAQ:EDRY – Get Free Report) were up 0.2% during trading on Wednesday . The company traded as high as $24.69 and last traded at $24.69. Approximately 2,298 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 10,910 shares. The stock had previously closed at $24.63.
EuroDry Trading Up 0.2 %
The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The business has a 50 day simple moving average of $22.02 and a two-hundred day simple moving average of $21.28. The stock has a market cap of $70.12 million, a price-to-earnings ratio of -21.66 and a beta of 0.79.
EuroDry (NASDAQ:EDRY – Get Free Report) last released its quarterly earnings results on Tuesday, May 21st. The company reported ($1.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.89). The company had revenue of $14.43 million for the quarter, compared to analyst estimates of $15.14 million. EuroDry had a negative return on equity of 2.88% and a negative net margin of 6.22%. As a group, equities analysts anticipate that EuroDry Ltd. will post 1.52 EPS for the current year.
Institutional Trading of EuroDry
About EuroDry
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt.
Featured Stories
- Five stocks we like better than EuroDry
- Options Trading – Understanding Strike Price
- AbbVie Stock: A Perfect Dip for Investors to Buy
- What Investors Need to Know to Beat the Market
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
- Russell 2000 Index, How Investors Use it For Profitable Trading
- GitLab Stock Rebounds: The Inside Story of Its Comeback
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.