Euroseas stock: buy or sell?
August 22nd, 2019
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.
Should I buy Euroseas stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Euroseas stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Euroseas stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we found 1 rating published for ESEA stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
Euroseas stock analysis
After boosting an outstanding 7.69% yesterday, Euroseas closed today at $0.64 and slightly fell a fateful -1.54%.
After boosting an outstanding 7.69% yesterday, Euroseas closed today at $0.64 and slightly fell a fateful -1.54%. In this session, Euroseas stock crossed down the SMA100d line. If you are using SMA100d line as stop loss trigger, double check your position in this stock.
Euroseas shares skyrocketed 20.75% this week, ending at $0.64. Early August ESEA collapsed a hair-raising -12.73% in just one week.
Euroseas stock price history
Euroseas stock went public on May 8th, 2006 with a price of $91.601. Since then, ESEA stock lost a -99.30%, with a yearly average of -7.60%.
1: Adjusted price after possible price splits or reverse-splits.
Euroseas stock historical price chart
ESEA stock reached 52-week highs on October at $3.87, and all-time highs 2007-10-16 with a price of 136.93.
Euroseas stock price target is $1.30How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we only found 1 price target for Euroseas stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Euroseas failed to meet the expectations of the analysts and posted a chilling EPS of $-0.07 per share when experts were expecting $0.01.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Euroseas annual revenues rocketed a super good 44.89% to $34.42 M USD from $23.76 marked in 2017. Likewise, its earnings margin (compared to sales) climbed to -0.32%, that is $-0.11 million.
|2013||$39 M||-||$-103.42 M-264.2%||-|
|2014||$41 M||3.79%||$-17.92 M-44.1%||-82.67%|
|2015||$38 M||-7.27%||$-14.05 M-37.3%||-21.60%|
|2016||$28 M||-24.56%||$-44.22 M-155.6%||214.79%|
|2017||$24 M||-16.41%||$-6.09 M-25.7%||-86.22%|
|2018||$34 M||44.89%||$-0.11 M-0.3%||-98.21%|
Quarterly financial resultsEuroseas reported $8.02 million in revenues for 2018-Q4, a -3.96% decline compared to previous quarter. Reported quarter income marked $0.02 M with a profit margin of 0.28%. Profit margin fell a -5.92% compared to previous quarter when profit margin was 6.20%. When comparing revenues to same quarter last year, Euroseas sales marked a spooky correction and plunged a -69.98%.
|2017-Q1||$8 M||-||$-2.19 M-26.4%||-|
|2017-Q2||$10 M||20.75%||$-1.04 M-10.4%||-52.51%|
|2017-Q3||$11 M||10.57%||$-4.82 M-43.6%||363.80%|
|2017-Q4||$27 M||141.29%||$1.95 M7.3%||-140.52%|
|2018-Q1||$13 M||-51.60%||$-3.23 M-25.0%||-265.28%|
|2018-Q2||$5 M||-60.32%||$4.00 M78.0%||-223.89%|
|2018-Q3||$8 M||62.76%||$0.52 M6.2%||-87.07%|
|2018-Q4||$8 M||-3.96%||$0.02 M0.3%||-95.62%|
Euroseas ownershipWhen you are planning to buy a stock, it's worth to check its ownership structure.
Euroseas shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 47.54% of all shares.
In case of Euroseas stock, 18.95% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ESEA stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Euroseas:
|Market cap||$8.0 M||$451.0 M||$364.9 M||$367.9 M||$0.0 M|
|Total shares||12.5 M||86.9 M||105.8 M||41.7 M||0.0 M|
|Float shares||3.4 M||14.5 M||61.7 M||15.4 M||46.3 M|
|- Institutional holdings (%)||18.9%||0.8%||43.2%||87.3%||58.2%|
|- Insider holdings (%)||47.5%||83.4%||20.2%||0.6%||9.9%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$0.63 - $0.67|
|Average true range||$0.05|
|50d mov avg||$0.60|
|100d mov avg||$0.65|
|200d mov avg||$0.74|
Euroseas performanceTo better understand Euroseas performance you must becnhmark its gains with other related stocks in same sector or industry. For Euroseas, the benchmark is made against DryShips, Diana Shipping, Genco Shipping & Trading and Star Bulk Carriers.
|GNKGenco Shipping & ...||18.84%||4.99%||-36.88%|
|SBLKStar Bulk Carrier...||40.97%||33.76%||-22.17%|