Eurodry Stock Buy Hold or Sell Recommendation
| EDRY Stock | USD 13.41 0.39 2.83% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding EuroDry is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell EuroDry given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for EuroDry, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out EuroDry Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide. In addition, we conduct extensive research on individual companies such as EuroDry and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards EuroDry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
EuroDry |
Execute EuroDry Buy or Sell Advice
The EuroDry recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EuroDry. Macroaxis does not own or have any residual interests in EuroDry or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EuroDry's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
EuroDry Trading Alerts and Improvement Suggestions
| EuroDry generated a negative expected return over the last 90 days | |
| 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. | |
| The entity reported the previous year's revenue of 47.59 M. Net Loss for the year was (2.91 M) with profit before overhead, payroll, taxes, and interest of 48.06 M. | |
| About 53.0% of EuroDry shares are held by company insiders | |
| Latest headline from news.google.com: EuroDry Reports Q3 Loss, Misses Revenue Estimates - MSN |
EuroDry Returns Distribution Density
The distribution of EuroDry's historical returns is an attempt to chart the uncertainty of EuroDry's future price movements. The chart of the probability distribution of EuroDry daily returns describes the distribution of returns around its average expected value. We use EuroDry price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EuroDry returns is essential to provide solid investment advice for EuroDry.
| Mean Return | -0.62 | Value At Risk | -3.86 | Potential Upside | 1.96 | Standard Deviation | 1.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EuroDry historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
EuroDry Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as EuroDry, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading EuroDry back and forth among themselves.
| Shares | Tower Research Capital Llc | 2024-09-30 | 0.0 | Goss Wealth Management Llc | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 | Register Financial Advisors Llc | 2024-09-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 0.0 | Renaissance Technologies Corp | 2024-09-30 | 52.2 K | Linden Thomas Advisory Services Llc | 2024-09-30 | 25.4 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 7.6 K | Blackrock Inc | 2024-06-30 | 2.1 K | Ubs Group Ag | 2024-09-30 | 1.1 K | Jpmorgan Chase & Co | 2024-09-30 | 200 |
EuroDry Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 58.2K | (876.6K) | 614.9K | (287.3K) | (3.1M) | (2.9M) | |
| Investments | (1.1M) | (611.1K) | (36.8M) | (28.4M) | 2.7M | 2.8M | |
| Change In Cash | 1.4M | (4.5M) | 24.9M | 7.6M | (23.0M) | (21.9M) | |
| Net Borrowings | (7.0M) | (5.5M) | 31.3M | 2.5M | 2.2M | 2.1M | |
| Free Cash Flow | 14.0M | 1.7M | 2.3M | (4.8M) | (53.5M) | (50.8M) | |
| Depreciation | 6.5M | 6.6M | 7.7M | 10.8M | 11.0M | 7.8M | |
| Other Non Cash Items | 152.9K | 140.7K | 298.3K | (4.8M) | 3.2M | 3.4M | |
| Capital Expenditures | 1.1M | 611.1K | 36.8M | 37.8M | 65.3M | 68.6M | |
| Net Income | 16.5K | (5.9M) | 31.2M | 33.5M | (2.9M) | (2.8M) | |
| End Period Cash Flow | 9.1M | 4.6M | 29.5M | 37.1M | 14.1M | 15.1M | |
| Change To Netincome | 544.0K | 791.8K | 1.1M | (4.3M) | (3.9M) | (3.7M) |
EuroDry Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EuroDry or Marine Transportation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EuroDry's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EuroDry stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.64 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.39 |
EuroDry Volatility Alert
EuroDry exhibits very low volatility with skewness of -0.5 and kurtosis of 0.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EuroDry's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EuroDry's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.EuroDry Fundamentals Vs Peers
Comparing EuroDry's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EuroDry's direct or indirect competition across all of the common fundamentals between EuroDry and the related equities. This way, we can detect undervalued stocks with similar characteristics as EuroDry or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EuroDry's fundamental indicators could also be used in its relative valuation, which is a method of valuing EuroDry by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EuroDry to competition |
| Fundamentals | EuroDry | Peer Average |
| Return On Equity | -0.0246 | -0.31 |
| Return On Asset | 0.0152 | -0.14 |
| Profit Margin | (0.04) % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 129.75 M | 16.62 B |
| Shares Outstanding | 2.79 M | 571.82 M |
| Shares Owned By Insiders | 53.24 % | 10.09 % |
| Shares Owned By Institutions | 4.07 % | 39.21 % |
| Number Of Shares Shorted | 687 | 4.71 M |
| Price To Earning | 0.93 X | 28.72 X |
| Price To Book | 0.37 X | 9.51 X |
| Price To Sales | 0.65 X | 11.42 X |
| Revenue | 47.59 M | 9.43 B |
| Gross Profit | 48.06 M | 27.38 B |
| EBITDA | 14.38 M | 3.9 B |
| Net Income | (2.91 M) | 570.98 M |
| Cash And Equivalents | 6.11 M | 2.7 B |
| Cash Per Share | 2.05 X | 5.01 X |
| Total Debt | 103.93 M | 5.32 B |
| Debt To Equity | 0.69 % | 48.70 % |
| Current Ratio | 0.55 X | 2.16 X |
| Book Value Per Share | 38.72 X | 1.93 K |
| Cash Flow From Operations | 11.81 M | 971.22 M |
| Short Ratio | 0.19 X | 4.00 X |
| Earnings Per Share | (2.22) X | 3.12 X |
| Target Price | 26.67 | |
| Beta | 0.8 | -0.15 |
| Market Capitalization | 37.39 M | 19.03 B |
| Total Asset | 231.05 M | 29.47 B |
| Retained Earnings | 41.56 M | 9.33 B |
| Working Capital | (1.26 M) | 1.48 B |
| Current Asset | 10.03 M | 9.34 B |
| Current Liabilities | 10.5 M | 7.9 B |
EuroDry Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EuroDry . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About EuroDry Buy or Sell Advice
When is the right time to buy or sell EuroDry? Buying financial instruments such as EuroDry Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having EuroDry in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Impulse Theme or any other thematic opportunities.
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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.