NASDAQ:EDRY - EuroDry Stock Price, Forecast & News

EuroDry's stock was trading at $6.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EDRY stock has decreased by 19.0% and is now trading at $4.90. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EuroDry in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for EuroDry.

EuroDry is scheduled to release its next quarterly earnings announcement on Thursday, May 28th 2020. View our earnings forecast for EuroDry.

EuroDry Ltd (NASDAQ:EDRY) announced its quarterly earnings results on Wednesday, February, 12th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of ($0.17) by $0.62. The company earned $7.61 million during the quarter. EuroDry had a negative return on equity of 0.23% and a negative net margin of 1.67%. View EuroDry's earnings history.

2 Wall Street analysts have issued 1 year price targets for EuroDry's shares. Their forecasts range from $8.00 to $11.44. On average, they anticipate EuroDry's stock price to reach $9.72 in the next year. This suggests a possible upside of 98.4% from the stock's current price. View analysts' price targets for EuroDry.

Media stories about EDRY stock have been trending very positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. EuroDry earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutEuroDry.

EuroDry saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 700 shares, a decline of 50.0% from the February 27th total of 1,400 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold. View EuroDry's Current Options Chain.

Some companies that are related to EuroDry include Brookfield Infrastructure Partners (BIP), Royal Caribbean Cruises (RCL), Carnival (CCL), Carnival (CUK), Kirby (KEX), Matson (MATX), Golar LNG (GLNG), Teekay Lng Partners (TGP), Teekay Tankers (TNK), Teekay Offshore Partners (TOO), Nordic American Tanker (NAT), International Seaways (INSW), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP) and GasLog (GLOG).

Based on aggregate information from My MarketBeat watchlists, some companies that other EuroDry investors own include Primo Water (PRMW), Hoegh LNG Partners (HMLP), Verizon Communications (VZ), Methanex (MEOH), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA), AbbVie (ABBV), BCE (BCE), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).

EuroDry trades on the NASDAQ under the ticker symbol "EDRY."

Shares of EDRY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EDRY stock can currently be purchased for approximately $4.90.

EuroDry has a market capitalization of $11.17 million and generates $27.24 million in revenue each year. The company earns $20,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.  View additional information about EuroDry.

The official website for EuroDry is http://www.eurodry.gr/.

EuroDry's mailing address is 4 MESSOGIOU & EVROPIS STREET, MAROUSSI J3, 15124. The company can be reached via phone at 30-211-1804006 or via email at [email protected]