Shares of Euroseas Ltd. (NASDAQ:ESEA) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Brokers have set a 1-year consensus price target of $2.75 for the company and are predicting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given Euroseas an industry rank of 113 out of 257 based on the ratings given to its competitors.
Several research firms have commented on ESEA. Maxim Group reiterated a “buy” rating and set a $3.00 price objective on shares of Euroseas in a research note on Monday, August 13th. Noble Financial began coverage on Euroseas in a research note on Friday, September 21st. They set an “outperform” rating for the company.
Shares of Euroseas stock traded up $0.03 on Friday, hitting $1.80. The company’s stock had a trading volume of 38,780 shares, compared to its average volume of 2,175,929. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 5.09. Euroseas has a 1 year low of $1.08 and a 1 year high of $3.87. The firm has a market cap of $17.48 million, a PE ratio of -4.86 and a beta of 0.49.
Euroseas Company Profile
Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables; and drybulk carriers that transport iron ore, coal, grains, bauxite, phosphate, and fertilizers.
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