Euroseas Stock Price on October 31, 2024

ESEA Stock  USD 39.07  0.52  1.31%   
Below is the normalized historical share price chart for Euroseas extending back to May 05, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Euroseas stands at 39.07, as last reported on the 4th of December, with the highest price reaching 40.47 and the lowest price hitting 38.83 during the day.
IPO Date
5th of May 2006
200 Day MA
39.4523
50 Day MA
42.9612
Beta
0.9
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Euroseas Stock, it is important to understand the factors that can impact its price. Euroseas secures Sharpe Ratio (or Efficiency) of -0.0267, which denotes the company had a -0.0267% return per unit of risk over the last 3 months. Euroseas exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Euroseas' Mean Deviation of 2.11, standard deviation of 2.9, and Variance of 8.38 to check the risk estimate we provide.
  
At present, Euroseas' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 1.1 M, whereas Total Stockholder Equity is forecasted to decline to about 134.2 M. . At present, Euroseas' Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 2.66, whereas Price To Sales Ratio is forecasted to decline to 1.17. Euroseas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0267

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsESEA

Estimated Market Risk

 2.78
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Euroseas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Euroseas by adding Euroseas to a well-diversified portfolio.
Price Book
0.8067
Enterprise Value Ebitda
2.8288
Price Sales
1.3534
Shares Float
2.8 M
Wall Street Target Price
61.6667

Related Headline

TOP Ships Headline on 31st of October 2024

StockNews.com began coverage on shares of Top Ships in a research note issued to investors on Wednesday. The brokerage issued a hold rating on the shipping companys stock. Top Ships Price Performance TOPS stock opened at 8.03 on Wednesday. The company has a quick ratio of 0.61, a current ratio of

Euroseas Valuation on October 31, 2024

It is possible to determine the worth of Euroseas on a given historical date. On October 31, 2024 Euroseas was worth 40.75 at the beginning of the trading date compared to the closed value of 41.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Euroseas stock. Still, in general, we apply an absolute valuation method to find Euroseas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Euroseas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Euroseas' related companies.
 Open High Low Close Volume
  41.11    41.44    40.28    40.75    25,210  
10/31/2024
  40.75    41.93    40.75    41.41    38,886  
  41.62    41.92    41.21    41.21    20,534  
Backtest Euroseas  |  Euroseas History  |  Euroseas Valuation   PreviousNext  
Open Value
40.75
41.41
Closing Value
49.10
Upside

Euroseas Trading Date Momentum on October 31, 2024

On November 01 2024 Euroseas was traded for  41.21  at the closing time. The top price for the day was 41.92  and the lowest listed price was  41.21 . The trading volume for the day was 20.5 K. The trading history from November 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.48% . The overall trading delta against the current closing price is 0.19% .

Euroseas Fundamentals Correlations and Trends

By evaluating Euroseas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Euroseas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Euroseas financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Euroseas Stock history

Euroseas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Euroseas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Euroseas will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Euroseas stock prices may prove useful in developing a viable investing in Euroseas
Last ReportedProjected for Next Year
Common Stock Shares Outstanding6.9 M7.3 M
Net Income Applicable To Common Shares122.2 M128.3 M

Euroseas Stock Technical Analysis

Euroseas technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Euroseas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Euroseas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Euroseas Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Euroseas cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Euroseas December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Euroseas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Euroseas shares will generate the highest return on investment. By undertsting and applying Euroseas stock market strength indicators, traders can identify Euroseas entry and exit signals to maximize returns

Euroseas Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Euroseas' price direction in advance. Along with the technical and fundamental analysis of Euroseas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Euroseas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Euroseas Stock analysis

When running Euroseas' price analysis, check to measure Euroseas' 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 Euroseas is operating at the current time. Most of Euroseas' value examination focuses on studying past and present price action to predict the probability of Euroseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euroseas' price. Additionally, you may evaluate how the addition of Euroseas to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Equity Valuation
Check real value of public entities based on technical and fundamental data
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Transaction History
View history of all your transactions and understand their impact on performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges