Euroseas Ltd (NASDAQ: ESEA) stock enjoyed a major increase of 12.6% on 11/13/23. The shares closed at $26.93. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.1% during the last week.
Current PriceTarget Research Rating
ESEA's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
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 Power Rating of 98 and a very high Appreciation Score of 98, triggering 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.