NASDAQ:EDRYEuroDry 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 shares have decreased by 43.3% and is now trading at $3.43. 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) announced 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 business had revenue of $5.07 million for the quarter. EuroDry had a negative net margin of 11.85% and a negative return on equity of 3.24%. View EuroDry's earnings history.

2 analysts have issued 12-month price objectives for EuroDry's shares. Their forecasts range from $7.50 to $10.00. On average, they expect EuroDry's stock price to reach $8.75 in the next year. This suggests a possible upside of 155.1% from the stock's current price. View analysts' price targets for EuroDry.

Media headlines about EDRY stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. EuroDry earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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 presently 0.5 days. Currently, 0.1% of the company's shares 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), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), 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 $3.43.

EuroDry has a market capitalization of $7.89 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]