B. Riley initiated coverage on shares of Heidmar Maritime (NASDAQ:HMR - Get Free Report) in a report released on Tuesday, MarketBeat Ratings reports. The brokerage set a "buy" rating and a $5.00 price target on the stock. B. Riley's target price indicates a potential upside of 220.51% from the company's previous close.
Separately, Wall Street Zen raised shares of Heidmar Maritime to a "hold" rating in a research report on Sunday, June 15th.
View Our Latest Stock Analysis on HMR
Heidmar Maritime Price Performance
Shares of Heidmar Maritime stock traded up $0.02 during trading on Tuesday, reaching $1.56. The company's stock had a trading volume of 96,854 shares, compared to its average volume of 186,958. 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 posted its quarterly earnings results on Tuesday, June 10th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $5.84 million for the quarter.
About Heidmar Maritime
(
Get Free Report)
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.
Further Reading
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