NASDAQ:EDRYEuroDry Stock Price, Forecast & News

EuroDry's stock was trading at $6.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EDRY stock has decreased by 34.4% and is now trading at $3.97. 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) posted its quarterly earnings data on Monday, May, 18th. The company reported ($1.17) EPS for the quarter, missing the Thomson Reuters' 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 1-year target prices for EuroDry's shares. Their forecasts range from $7.50 to $10.00. On average, they expect EuroDry's share price to reach $8.75 in the next year. This suggests a possible upside of 120.4% from the stock's current price. View analysts' price targets for EuroDry.

News headlines about EDRY stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. EuroDry earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about EuroDry.

EuroDry saw a increase in short interest in June. As of June 30th, there was short interest totaling 4,500 shares, an increase of 650.0% from the June 15th total of 600 shares. Based on an average daily trading volume, of 18,600 shares, the short-interest ratio is presently 0.2 days. Currently, 0.5% of the company's stock are sold short. 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), Golden Ocean Group (GOGL), International Seaways (INSW), KNOT Offshore Partners (KNOP), Teekay Tankers (TNK), 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 $3.97.

EuroDry has a market capitalization of $9.13 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]