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Euroseas Ltd. (NASDAQ:ESEA) has been upgraded to Hold in a report by Zacks Investment Research today.

Zacks Investment Research has upgraded Euroseas Ltd. (NASDAQ:ESEA) to Hold in a statement released on 10/11/2016.

Boasting a price of $1.84, Euroseas Ltd. (NASDAQ:ESEA) traded 4.81% higher on the day. With the last stock price close down -5.18% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Euroseas Ltd. has recorded a 50-day average of $1.98 and a two hundred day average of $2.07. Volume of trade was up over the average, with 134,612 shares of ESEA changing hands over the typical 107,737

Performance Chart

Euroseas Ltd. (NASDAQ:ESEA)

With a total market value of $0, Euroseas Ltd. has 52 week low of $1.40 and a 52 week high of $4.80 .

General Information About Euroseas Ltd. (NASDAQ:ESEA)

Euroseas Ltd. is engaged in the shipping business. The Company is an owner and operator of drybulk and container carrier vessels and is a provider of seaborne transportation for drybulk and containerized cargoes. Eurobulk Ltd. manages the Company's operations. The Company also owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal and grains, and minor bulks, such as bauxite, phosphate and fertilizers. The Company has a fleet of 12 vessels, including Kamsarmax drybulk carrier, Panamax drybulk carriers and Handymax drybulk carrier, Intermediate containerships, Handysize containerships, and Feeder containerships. The Company's five drybulk carriers have a total cargo capacity of 351,272 deadweight tons (dwt), and its seven containerships have a cargo capacity of 11,828 twenty-foot equivalent units (teu).

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