Euroseas Ltd. (ESEA) Stock: Why It’s Gaining In Value

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Euroseas Ltd. (ESEA) is making a move up in the market in today’s trading session. The company, one that is focused on the service space, is currently priced at $0.69 after gaining 4.74% so far today. In terms of service stocks, there are a number of aspects that have the ability to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent stories relating to ESEA:

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Mar-15-19 10:26AM New Strong Sell Stocks for March 15th
Mar-13-19 01:07PM Dry Bulk and Container Sector Panel Discussions With Major Company Executives Capital Links 13th Annual International Shipping Forum Monday, April 1, 2019 in NYC
Feb-20-19 08:38AM Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2018
Feb-13-19 04:05PM Euroseas Ltd. Sets Date for the Release of Fourth Quarter 2018 Results, Conference Call and Webcast
Jan-18-19 04:05PM Euroseas Ltd. Announces Receipt of NASDAQ Notice of Non-Compliance

Nonetheless, when making an investing decision, investors should look into far more than news, especially in the ever highly complex service industry. Here’s what’s happing when it comes to Euroseas Ltd..

The Performance That We’ve Seen From ESEA

While a single session gain, like what we’re seeing from Euroseas Ltd. may lead to fear in some investors, a single session fall alone should not be the basis of a decision to, or not to, invest in a company. It’s generally important to look into trends experienced by the stock for a period longer than a single trading session. When it comes to ESEA, below are the returns on investment that we have seen:

  • Weekly – In the past week, ESEA has seen a change in value in the amount of 3.81%.
  • Monthly – The monthly returns from Euroseas Ltd. has been 8.92%.
  • Quarterly – Throughout the last 3 months, the company has generated a return on investment that works out to -1.59%
  • Past 6 Months – Throughout the past six months, we’ve seen a performance of -54.07% from the company.
  • This Year So Far – Since the close of last year ESEA has resulted in a ROI of -1.59%.
  • Full Year – Lastly, over the last year, we have seen performance that comes to -23.46% from ESEA. In this period of time, the stock has traded at a high price of -82.20% and a low of 29.96%.

Ratios Worth Watching

Digging into various key ratios having to do with a company can provide prospective investors a look of just how risky and/or potentially profitable a stock pick may be. Below are a few of the most important ratios to consider when looking at ESEA.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it means that more investors believe that the stock is going to gain. Across the sector, strong service stocks can carry a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the industry. Nonetheless, as it relates to Euroseas Ltd., the stock’s short ratio is 1.42.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure If a company is able to pay for its debts when they come due with only current assets or quick assets. do have great current and quick ratios. When it comes to ESEA, the quick and current ratios add up to 0 and 0 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In the case of Euroseas Ltd., the book to share value ratio equates to 0.31.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the price of the company’s stock. When it comes to ESEA, the cash to share value is 0.

Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ESEA, here’s what we’re seeing:

  • Institutional Investors – Currently, institutional investors own 19.00% of ESEA. However, it is important to consider that institutional ownership has changed in the amount of 5.15% over the last 3 months.
  • Insider Holdings – with regard to insiders, insiders of the company currently hold 34.80% of Euroseas Ltd.. Their ownership of the company has changed by 0.00% over the past 3 months.

What Analysts Think About Euroseas Ltd.

While it’s never a smart idea to unknowingly follow the opinions of analysts, it is a good idea to use their analysis in order to validate your own due diligence when it comes to making investment decisions in the service industry. Here are the most recent moves that we have seen from analysts with regard to ESEA.

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Sep-13-17 Reiterated Maxim Group Buy $2.50 → $3
Aug-21-17 Initiated Maxim Group Buy $2.50
Oct-08-14 Initiated Maxim Group Buy $1.60
Oct-03-14 Initiated Wunderlich Hold $1.50
Mar-11-11 Upgrade FBR Capital Mkt Perform → Outperform $5 → $6.50

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.20. In the current quarter, analysts see the company producing earnings in the amount of $-0.02. Over the last 5 years, ESEA has generated revenue in the amount of $-2.50% with earnings coming in at -60.91%. On a quarter over quarter basis, earnings have seen movement of -98.80% and revenue has seen movement of -40.70%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 11.28M shares of Euroseas Ltd. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ESEA has a float of 5.91M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to ESEA, the short percent of the float is 3.02%.

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