Eurodry Stock Today

EDRY Stock  USD 14.10  0.31  2.15%   

Performance

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Odds Of Distress

Less than 42

 
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Below Average
EuroDry is trading at 14.10 as of the 25th of November 2024; that is 2.15 percent decrease since the beginning of the trading day. The stock's open price was 14.41. EuroDry has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for EuroDry are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
31st of May 2018
Category
Industrials
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. The company has 2.79 M outstanding shares of which 793 shares are currently shorted by private and institutional investors with about 0.19 trading days to cover. More on EuroDry

Moving together with EuroDry Stock

  0.75SB Safe Bulkers Potential GrowthPairCorr

Moving against EuroDry Stock

  0.82SB-PD Safe BulkersPairCorr
  0.72SB-PC Safe BulkersPairCorr
  0.71PXSAP Pyxis TankersPairCorr
  0.51KEX KirbyPairCorr

EuroDry Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President ChairmanAristides Pittas
Thematic IdeaTransportation (View all Themes)
Business ConcentrationMarine Transportation, Marine Shipping, Industrials, NASDAQ Composite, Transportation, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.180.206
Fairly Down
Slightly volatile
Net Debt57.5 M93.1 M
Way Down
Slightly volatile
Total Current Liabilities17.3 M25.5 M
Way Down
Slightly volatile
Non Current Liabilities Total62.9 M86.1 M
Way Down
Slightly volatile
Total Assets155.2 M231.1 M
Way Down
Slightly volatile
Total Current Assets19.7 M24.2 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities15.5 M11.8 M
Significantly Up
Slightly volatile
Debt Levels
EuroDry can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand EuroDry's financial leverage. It provides some insight into what part of EuroDry's total assets is financed by creditors.
Liquidity
EuroDry currently holds 103.93 M in liabilities with Debt to Equity (D/E) ratio of 0.69, which is about average as compared to similar companies. EuroDry has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about EuroDry's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

3.38 Million
EuroDry (EDRY) is traded on NASDAQ Exchange in USA. It is located in 4 Messogiou & Evropis Street, Marousi, Greece, 151 24 and employs 4 people. EuroDry is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 39.32 M. EuroDry conducts business under Marine Transportation sector and is part of Industrials industry. The entity has 2.79 M outstanding shares of which 793 shares are currently shorted by private and institutional investors with about 0.19 trading days to cover. EuroDry currently holds about 6.11 M in cash with 11.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.05.
Check EuroDry Probability Of Bankruptcy
Ownership Allocation
The market capitalization of EuroDry is $39.32 Million. EuroDry retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check EuroDry Ownership Details

EuroDry Stock Institutional Holders

InstituionRecorded OnShares
Ubs Group Ag2024-06-30
0.0
Citadel Advisors Llc2024-06-30
0.0
Register Financial Advisors Llc2024-09-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
Renaissance Technologies Corp2024-09-30
52.2 K
Linden Thomas Advisory Services Llc2024-09-30
25.4 K
Morgan Stanley - Brokerage Accounts2024-06-30
12.7 K
Blackrock Inc2024-06-30
2.1 K
Tower Research Capital Llc2024-06-30
1.3 K
Sound Income Strategies2024-09-30
42.0
Archer Investment Corporation2024-09-30
20.0
View EuroDry Diagnostics

EuroDry Historical Income Statement

At this time, EuroDry's Interest Income is fairly stable compared to the past year. Gross Profit is likely to rise to about 16.7 M in 2024, despite the fact that Net Interest Income is likely to grow to (4.9 M). View More Fundamentals

EuroDry Stock Against Markets

Additional Tools for EuroDry Stock Analysis

When running EuroDry's 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 the 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.