NASDAQ:EDRYEuroDry Stock Price, Forecast & News

EuroDry's stock was trading at $6.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EDRY shares have decreased by 39.7% and is now trading at $3.65. View which stocks have been most 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, August 13th 2020. View our earnings forecast for EuroDry.

EuroDry Ltd (NASDAQ:EDRY) released its quarterly earnings data on Monday, May, 18th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.70) by $0.47. The company had revenue of $5.07 million for the quarter. EuroDry had a negative return on equity of 3.24% and a negative net margin of 11.85%. View EuroDry's earnings history.

2 equities research analysts have issued 12 month target prices for EuroDry's shares. Their forecasts range from $7.50 to $10.00. On average, they anticipate EuroDry's share price to reach $8.75 in the next year. This suggests a possible upside of 139.7% from the stock's current price. View analysts' price targets for EuroDry.

Media coverage about EDRY stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. EuroDry earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutEuroDry.

EuroDry saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 900 shares, an increase of 50.0% from the April 30th total of 600 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company's 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), Kirby (KEX), Carnival (CUK), Matson (MATX), Teekay Lng Partners (TGP), Golar LNG (GLNG), Nordic American Tanker (NAT), International Seaways (INSW), Teekay Tankers (TNK), KNOT Offshore Partners (KNOP), Golden Ocean Group (GOGL), Hoegh LNG Partners (HMLP) and GasLog (GLOG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other EuroDry investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), Goodrich Petroleum (GDP), Goodrich Petroleum (GDP), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), Hoegh LNG Partners (HMLP), Primo Water (PRMW), Ring Energy (REI) and Ring Energy (REI).

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 $3.65.

EuroDry has a market capitalization of $8.40 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.

The official website for EuroDry is 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]