Euroseas (NASDAQ:ESEA)‘s stock had its “buy” rating restated by stock analysts at Maxim Group in a research note issued on Thursday, BenzingaRatingsTable reports.
Separately, Zacks Investment Research raised shares of Euroseas from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 14th.
NASDAQ:ESEA opened at $0.68 on Thursday. Euroseas has a 1-year low of $0.53 and a 1-year high of $3.87. The stock has a market capitalization of $8.56 million, a P/E ratio of -2.36 and a beta of 0.70. The company has a quick ratio of 0.89, a current ratio of 1.03 and a debt-to-equity ratio of 8.30.
Euroseas (NASDAQ:ESEA) last released its quarterly earnings data on Wednesday, February 20th. The shipping company reported ($0.07) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.08). Euroseas had a negative return on equity of 31.79% and a negative net margin of 1.29%. The business had revenue of $8.43 million during the quarter, compared to analysts’ expectations of $8.75 million. Analysts predict that Euroseas will post 0.01 earnings per share for the current fiscal year.
Euroseas Company Profile
Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables; and drybulk carriers that transport iron ore, coal, grains, bauxite, phosphate, and fertilizers.
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