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How to buy EuroDry (EDRY) stocks in Canada

Learn how to easily invest in EuroDry stocks.

EuroDry is a marine shipping business based in the US. EuroDry stocks (EDRY.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $26.485 – an increase of 7.1% over the previous week. EuroDry employs 0 staff and has a trailing 12-month revenue of around $48.5 million.

How to buy shares in EuroDry

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – EDRY – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

EuroDry stock price (NASDAQ:EDRY)

Use our graph to track the performance of EDRY stocks over time.

EuroDry shares at a glance

Information last updated 2022-01-17.
Latest market close$19.60
52-week range$6.11 - $34.65
50-day moving average $20.50
200-day moving average $22.88
Wall St. target price$45.51
PE ratio 3.4629
Dividend yield N/A (0%)
Earnings per share (TTM) $5.56

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Is it a good time to buy EuroDry stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

EuroDry price performance over time

Historical closes compared with the close of $19.6 from 2022-01-19

1 week (2022-01-13) 7.10%
1 month (2021-12-20) 10.11%
3 months (2021-10-20) -36.26%
6 months (2021-07-20) -16.31%
1 year (2021-01-20) 220.79%
2 years (2020-01-16) 181.51%
3 years (2019-01-18) 123.74%
5 years (2017-01-16) N/A

Is EuroDry under- or over-valued?

Valuing EuroDry stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of EuroDry's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

EuroDry's P/E ratio

EuroDry's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, EuroDry shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

EuroDry's EBITDA

EuroDry's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $31 million.

The EBITDA is a measure of a EuroDry's overall financial performance and is widely used to measure a its profitability.

EuroDry financials

Revenue TTM $48.5 million
Operating margin TTM 49.45%
Gross profit TTM $8.1 million
Return on assets TTM 11.34%
Return on equity TTM 23.42%
Profit margin 30.6%
Book value $22.14
Market capitalisation $54.8 million

TTM: trailing 12 months

EuroDry share dividends

We're not expecting EuroDry to pay a dividend over the next 12 months.

EuroDry share price volatility

Over the last 12 months, EuroDry's shares have ranged in value from as little as $6.11 up to $34.65. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while EuroDry's is 0.2709. This would suggest that EuroDry's shares are less volatile than average (for this exchange).

EuroDry overview

EuroDry Ltd. , through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2021, it operated a fleet of seven drybulk carriers comprising four Panamax drybulk carriers, one Ultramax drybulk carrier, and two Kamsarmax carriers with a cargo capacity of 528,931 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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