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The latest update is out from EuroDry ( (EDRY) ).
On September 15, 2025, EuroDry Ltd. announced an agreement to sell the M/V Eirini P, a 2004-built Panamax Bulk Carrier, for approximately $8.5 million. This sale is part of EuroDry’s fleet renewal program and is expected to generate a gain of about $0.6 million, enhancing the company’s balance sheet and liquidity. The transaction reflects EuroDry’s strategic focus on modernizing its fleet and improving operational efficiency.
The most recent analyst rating on (EDRY) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on EuroDry stock, see the EDRY Stock Forecast page.
Spark’s Take on EDRY Stock
According to Spark, TipRanks’ AI Analyst, EDRY is a Neutral.
EuroDry’s overall stock score is primarily impacted by its financial performance, which is under pressure due to negative net income and strained cash flows. Technical analysis provides some positive signals with short-term bullish momentum, but valuation remains a concern due to negative earnings and no dividend yield. The earnings call reflects ongoing challenges, though the company is making efforts to address liquidity and operational issues.
To see Spark’s full report on EDRY stock, click here.
More about EuroDry
EuroDry Ltd. is a company that owns and operates drybulk vessels, providing seaborne transportation for drybulk cargoes. The company is focused on renewing its fleet with modern, fuel-efficient, and environmentally friendly vessels.
Average Trading Volume: 3,811
Technical Sentiment Signal: Hold
Current Market Cap: $33.98M
See more data about EDRY stock on TipRanks’ Stock Analysis page.