Euroseas (NASDAQ:ESEA)‘s stock had its “buy” rating reaffirmed by equities researchers at Maxim Group in a research note issued on Thursday, BenzingaRatingsTable reports.

Separately, Zacks Investment Research raised Euroseas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 14th.

NASDAQ:ESEA remained flat at $$0.69 during trading hours on Thursday. The company’s stock had a trading volume of 46,520 shares, compared to its average volume of 50,029. The company has a quick ratio of 0.89, a current ratio of 1.03 and a debt-to-equity ratio of 8.30. Euroseas has a twelve month low of $0.53 and a twelve month high of $3.87. The stock has a market capitalization of $8.62 million, a P/E ratio of -2.39 and a beta of 0.70.

Euroseas (NASDAQ:ESEA) last released its earnings results on Wednesday, February 20th. The shipping company reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.08). Euroseas had a negative return on equity of 31.79% and a negative net margin of 1.29%. The firm had revenue of $8.43 million during the quarter, compared to analysts’ expectations of $8.75 million. Analysts forecast that Euroseas will post 0.01 EPS for the current year.

About Euroseas

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables; and drybulk carriers that transport iron ore, coal, grains, bauxite, phosphate, and fertilizers.

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