On 2/26/24, Euroseas Ltd (NASDAQ: ESEA) stock enjoyed a major increase of 16.7%, closing at $38.86. Moreover, exceptionally high trading volume at 223% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 7.2% during the last week.
Current PriceTarget Research Rating
ESEA is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Euroseas has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Euroseas has a very high Appreciation Score of 96 and a very high Power Rating of 99, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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