Eurodry Stock Analysis

EDRY
 Stock
  

USD 13.00  0.11  0.84%   

The current slide in stock price could raise concerns from investors as the firm is trading at a share price of 13.00 on 23,200 in volume. The company executives have failed to build on market volatilities in September. However, diversifying your overall positions with Eurodry may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.59. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Eurodry partners.
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The Eurodry stock analysis report makes it easy to digest most publicly released information about Eurodry and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Eurodry Stock analysis module also helps to analyze the Eurodry price relationship with some important fundamental indicators such as market cap and management efficiency.

Eurodry Stock Analysis Notes

About 43.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eurodry recorded a loss per share of 3.28. The entity had not issued any dividends in recent years. EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. Eurodry is traded on NASDAQ Exchange in the United States. To learn more about Eurodry call the company at 30 211 18 04 005 or check out https://www.eurodry.gr.

Eurodry Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Eurodry's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Eurodry or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Eurodry generated a negative expected return over the last 90 days
Eurodry has high historical volatility and very poor performance
Eurodry has high likelihood to experience some financial distress in the next 2 years
About 43.0% of the company shares are held by company insiders
Latest headline from pulse2.com: EuroDry Stock Why It Increased Over 2.5 percent Today - Pulse 2.0

Eurodry Upcoming and Recent Events

Earnings reports are used by Eurodry to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eurodry previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report15th of February 2022
Next Financial Report19th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Eurodry SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Eurodry prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Eurodry investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Eurodry specific information freely available to individual and institutional investors to make a timely investment decision.
19th of September 2022
Other Events
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12th of September 2022
Unclassified Corporate Event
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9th of August 2022
Other Events
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26th of July 2022
Other Events
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30th of June 2022
Other Events
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23rd of June 2022
Unclassified Corporate Event
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20th of May 2022
Unclassified Corporate Event
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18th of May 2022
Other Events
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Eurodry Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Eurodry is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eurodry backward and forwards among themselves. Eurodry's institutional investor refers to the entity that pools money to purchase Eurodry's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares114.2 K2.1 M
Acadian Asset Management LlcCommon Shares78.1 K1.4 M
Renaissance Technologies LlcCommon Shares37.7 K682 K
Two Sigma Advisers LpCommon Shares16.1 K291 K
Ubs Group AgCommon SharesK109 K
Citigroup IncCommon Shares5.7 K104 K
Royal Bank Of CanadaCommon Shares3.8 K69 K
Note, although Eurodry's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Eurodry Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 39.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eurodry's market, we take the total number of its shares issued and multiply it by Eurodry's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Eurodry Profitablity

Eurodry's profitability indicators refer to fundamental financial ratios that showcase Eurodry's ability to generate income relative to its revenue or operating costs. If, let's say, Eurodry is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Eurodry's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Eurodry's profitability requires more research than a typical breakdown of Eurodry's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 55.01 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 62.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.62.

Management Efficiency

The entity has return on total asset (ROA) of 20.76 % which means that it generated profit of $20.76 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 59.21 %, meaning that it created $59.21 on every $100 dollars invested by stockholders. Eurodry management efficiency ratios could be used to measure how well eurodry manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 2nd of October, Eurodry shows the mean deviation of 2.73, and Coefficient Of Variation of (854.30). Eurodry technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Eurodry, which can be compared to its rivals. Please confirm Eurodry standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Eurodry is priced favorably, providing market reflects its regular price of 13.0 per share. Given that Eurodry has jensen alpha of (0.37), we urge you to verify Eurodry's prevailing market performance to make sure the company can sustain itself at a future point.

Eurodry Price Movement Analysis

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Eurodry Predictive Daily Indicators

Eurodry intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eurodry stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Eurodry Forecast Models

Eurodry time-series forecasting models is one of many Eurodry's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eurodry's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Eurodry Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eurodry prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eurodry shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Eurodry. By using and applying Eurodry Stock analysis, traders can create a robust methodology for identifying Eurodry entry and exit points for their positions.
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. Eurodry is traded on NASDAQ Exchange in the United States.

Current Eurodry Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eurodry analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Eurodry analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
47.5Strong Buy2Odds
Eurodry current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Eurodry analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eurodry stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eurodry, talking to its executives and customers, or listening to Eurodry conference calls.
Eurodry Analyst Advice Details

Eurodry Stock Analysis Indicators

Eurodry stock analysis indicators help investors evaluate how Eurodry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Eurodry shares will generate the highest return on investment. By understating and applying Eurodry stock analysis, traders can identify Eurodry position entry and exit signals to maximize returns.
Quick Ratio0.89
Fifty Two Week Low12.71
Revenue Growth113.20%
Shares Short Prior Month63.31k
Average Daily Volume Last 10 Day33.39k
Average Daily Volume In Three Month43.59k
Earnings Growth1,815.80%
Shares Percent Shares Out1.47%
Earnings Quarterly Growth1,114.00%
Gross Margins80.75%
Short Percent Of Float2.64%
Forward Price Earnings0.92
Float Shares239.23k
Fifty Two Week High44.99
Enterprise Value To Ebitda2.10
Fifty Day Average15.52
Two Hundred Day Average22.95
Enterprise Value To Revenue1.54
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When running Eurodry price analysis, check to measure Eurodry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eurodry is operating at the current time. Most of Eurodry's value examination focuses on studying past and present price action to predict the probability of Eurodry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eurodry's price. Additionally, you may evaluate how the addition of Eurodry to your portfolios can decrease your overall portfolio volatility.
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Is Eurodry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eurodry. If investors know Eurodry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eurodry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eurodry is measured differently than its book value, which is the value of Eurodry that is recorded on the company's balance sheet. Investors also form their own opinion of Eurodry's value that differs from its market value or its book value, called intrinsic value, which is Eurodry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eurodry's market value can be influenced by many factors that don't directly affect Eurodry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eurodry's value and its price as these two are different measures arrived at by different means. Investors typically determine Eurodry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eurodry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.