Heidmar Maritime (NASDAQ:HMR) Now Covered by Analysts at B. Riley

B. Riley began coverage on shares of Heidmar Maritime (NASDAQ:HMR - Get Free Report) in a research report issued on Tuesday, Marketbeat reports. The firm set a "buy" rating and a $5.00 price target on the stock. B. Riley's target price points to a potential upside of 221.54% from the stock's current price.

Separately, Wall Street Zen raised shares of Heidmar Maritime to a "hold" rating in a research note on Sunday, June 15th.

Heidmar Maritime Price Performance

Shares of HMR traded up $0.02 during mid-day trading on Tuesday, reaching $1.56. 56,034 shares of the company's stock were exchanged, compared to its average volume of 2,023,834. Heidmar Maritime has a 52-week low of $1.45 and a 52-week high of $10.04.

Heidmar Maritime (NASDAQ:HMR - Get Free Report) last issued its quarterly earnings data on Tuesday, June 10th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $5.84 million for the quarter.

Heidmar Maritime Company Profile

Heidmar Maritime Holdings Corp. provides commercial and pool management services to the dry bulk, crude oil, and refined petroleum product tanker markets worldwide. It offers tanker pool and commercial management, dry bulk pool and commercial management, and fuel services. The company also operates a platform to invest in tanker or drybulk vessels offering a range of customized services for the investor, as well as engages in the sale and purchase of second-hand vessels and newbuilds in the tanker and drybulk sectors.