Euroseas (NASDAQ:ESEA) issued its quarterly earnings data on Monday, March 5th. The shipping company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.06 by $0.04, Morningstar.com reports. Euroseas had a negative net margin of 14.20% and a negative return on equity of 4.87%. The firm had revenue of $13.55 million for the quarter.
Shares of Euroseas (NASDAQ ESEA) opened at $2.10 on Wednesday. The firm has a market cap of $23.35, a price-to-earnings ratio of -2.92 and a beta of 1.54. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.78 and a current ratio of 0.87. Euroseas has a 52 week low of $1.13 and a 52 week high of $2.73.
ESEA has been the topic of a number of recent analyst reports. ValuEngine downgraded shares of Euroseas from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 14th. Maxim Group set a $3.00 target price on shares of Euroseas and gave the company a “buy” rating in a research report on Monday, November 20th.
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Euroseas Company Profile
Euroseas Ltd. is engaged in the shipping business. The Company is an owner and operator of drybulk and container carrier vessels and is a provider of seaborne transportation for drybulk and containerized cargoes. Eurobulk Ltd. manages the Company’s operations. The Company also owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal and grains, and minor bulks, such as bauxite, phosphate and fertilizers.
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