How to Buy Eurodry Stock
Eurodry Ltd
EuroDry Ltd. , through its subsidiaries, provides ocean-going transportation services worldwide.
Eurodry stock last closed at $13.32, down 1.86% from the previous day, and has increased 2.46% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.17 percentage points. Eurodry stock is currently +75.26% from its 52-week low of $7.60, and -17.47% from its 52-week high of $16.14.
There are currently 2.83M shares of EDRY outstanding. The market cap of EDRY is $37.65M. In the last 24 hours, 2700 EDRY shares were traded.
How to Buy Eurodry Stock
Wondering how to invest in Eurodry stock? Here's how.
- Choose where to buy Eurodry stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Eurodry stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your details.
- Evaluate Eurodry stock: The Eurodry ticker symbol is EDRY. Is Eurodry stock a good investment? Should you buy shares of EDRY? How do EDRY's underlying business fundamentals look? Do top analysts think Eurodry is a good buy? Why has EDRY's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if EDRY is a good stock to buy).
- Place your EDRY purchase: Decide if you will purchase EDRY shares at the current market price or use a limit order to buy EDRY stock at a particular price.
- Keep an eye on your EDRY investment: Create a watchlist to keep track of your position in Eurodry stock.
Step 1: Choose where to buy Eurodry stock
You need a brokerage account in order to access the NASDAQ market and buy EDRY shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to invest in EDRY today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Watch the walkthrough below for more details depositing money into your investment account.
Step 4: Evaluate Eurodry stock
After you have selected the best place to buy Eurodry stock, it's absolutely critical to research their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Eurodry quick stats
EDRY Overview
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on EDRY's stock page.
What is the fair value of EDRY stock?
You can use many financial metrics, analyses, models, and charts to gauge EDRY's fair value.
Using relative valuations ratios:
- EDRY may be undervalued based on its P/B ratio of 0.42x, relative to Marine Shipping industry P/B ratio of 0.92x
You can access additional valuation analysis on EDRY's stock here.
EDRY Financial Health Overview
Signs that EDRY is financially healthy:
- There are more short-term assets than short-term liabilities on the EDRY balance sheet.
- Total EDRY debt is lower than 5 years ago, relative to shareholder equity.
Signs that EDRY is not financially healthy:
- There are more long-term liabilities than short-term assets on the EDRY balance sheet.
- EDRY profit margin has gone down from -9.6% to -27.7% in the past year.
- EDRY's operating cash flow of $4.23M allows it to safely service it's debt of $97.12M.
- EDRY has a relatively high debt to equity ratio of 1.15.
- EDRY earnings of -$6.54M is not enough to cover its interest payments.
You can dive deeper into what analysts are saying on the Eurodry stock forecast page.
Metrics for Advanced EDRY Traders
EDRY Growth Metrics
Last year, EDRY revenue was $49.38M. Over the last 5 year, EDRY's revenue has increased by 16.03% per year. This was faster than the Marine Shipping industry average of 13.48%.
Learn more about EDRY's earnings and revenue performance here.
Latest Insiders Trades at EDRY
In the last 12 months, insiders at EDRY have not bought or sold any shares.
Research more about who owns EDRY shares here.
Can I get consistent income from EDRY stock?
No, Eurodry doesn't provide an income stream by paying out dividends.
What others are saying about EDRY
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your EDRY purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and your broker will place the order.
If you want additional help with investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your EDRY investment
Now that you own some EDRY stock, you'll want to stay up-to-date on your company.
Make a watchlist to get alerted to the latest events about your EDRY stock.
EDRY Feed
How to Buy Stock in Eurodry
To reiterate, here are the 6 steps to buy stock in Eurodry:
- Choose where to buy Eurodry stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Eurodry stock
- Place your EDRY purchase
- Keep an eye on your EDRY investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Eurodry, get started below.
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