Euroseas’ (ESEA) “Buy” Rating Reiterated at Maxim Group
Euroseas Ltd. (NASDAQ:ESEA)‘s stock had its “buy” rating reaffirmed by research analysts at Maxim Group in a report released on Monday. They presently have a $3.00 price objective on the shipping company’s stock. Maxim Group’s target price indicates a potential upside of 51.52% from the company’s current price.
ESEA has been the topic of a number of other reports. ValuEngine lowered Euroseas from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Zacks Investment Research lowered Euroseas from a “hold” rating to a “sell” rating in a report on Friday, September 22nd.
Shares of Euroseas (NASDAQ ESEA) opened at $1.98 on Monday. Euroseas has a 52-week low of $1.13 and a 52-week high of $3.82. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.02 and a quick ratio of 0.92.
ILLEGAL ACTIVITY WARNING: This news story was first posted by Daily Political and is the property of of Daily Political. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The legal version of this news story can be read at https://www.dailypolitical.com/2017/11/20/euroseas-esea-buy-rating-reiterated-at-maxim-group.html.
An institutional investor recently bought a new position in Euroseas stock. WealthTrust Axiom LLC bought a new position in shares of Euroseas Ltd. (NASDAQ:ESEA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 66,700 shares of the shipping company’s stock, valued at approximately $111,000. WealthTrust Axiom LLC owned 0.60% of Euroseas as of its most recent SEC filing. Hedge funds and other institutional investors own 2.26% of the company’s stock.
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.
Receive News & Ratings for Euroseas Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euroseas Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.