EuroDry Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 47 out of 75 in the Freight & Logistics Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 21.67.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of EuroDry Ltd is 6.18, ranking 62 out of 75 in the Freight & Logistics Services industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 14.39M, representing a year-over-year decrease of 2.20%, while its net profit experienced a year-over-year decrease of 83.89%.
Key Metrics
The current valuation score of EuroDry Ltd is 8.94, ranking 3 out of 75 in the Freight & Logistics Services industry. Its current P/E ratio is -2.58, which is -836.59% below the recent high of 19.00 and -988.99% above the recent low of -28.09.
The current earnings forecast score of EuroDry Ltd is 7.33, ranking 36 out of 75 in the Freight & Logistics Services industry. The average price target is 20.00, with a high of 25.00 and a low of 20.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of EuroDry Ltd is 6.61, ranking 57 out of 75 in the Freight & Logistics Services industry. Currently, the stock price is trading between the resistance level at 14.40 and the support level at 11.96, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of EuroDry Ltd is 3.00, ranking 34 out of 75 in the Freight & Logistics Services industry. The latest institutional shareholding proportion is 5.29%, representing a quarter-over-quarter decrease of 6.64%. The largest institutional shareholder is James Simons, holding a total of 40.10K shares, representing 1.42% of shares outstanding, with 0.50% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Freight & Logistics Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of EuroDry Ltd is 3.91, ranking 49 out of 75 in the Freight & Logistics Services industry. The company's beta value is 0.98. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
