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Euroseas Ltd (ESEA)

NASDAQ
Currency in USD
Disclaimer
35.70
+0.48(+1.36%)
Closed
After Hours
36.22+0.52(+1.46%)

ESEA Price Commentary

New earnings numbers are out, more than $4 EPS just previous quarter. With assets worth of $66 per share !ESEA only bought back 1 million dollars of their comon shares of their 20 million dollars repurchase program!This stock has support and will go up for sure, more buying means liquidity means more buybacks too!Many excellent news 😉
How is this possible ? With $4 per quarter would give $16i EPS, so this hasca P/E of only 2 ?? Als repurchasing their stocks for $20 million and a quarterly dividend 😱
Results are better than foreseen !! Profitable past quarter and higher revenue !
Good buy on this one. Lets see what happens by feb 2021
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