Eurodry Hits New 52-Week High of USD 21.72, Showcasing Strong Performance

3 hours ago
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Eurodry Ltd. has achieved a new 52-week high, driven by significant operational improvements, including a substantial increase in operating profit and a peak in operating cash flow. The company has also benefited from a notable reduction in raw material costs, contributing to its strong financial recovery and performance.
Eurodry Hits New 52-Week High of USD 21.72, Showcasing Strong Performance
Eurodry Ltd., a microcap company in the transport services industry, has reached a significant milestone by hitting a new 52-week high of USD 21.72 on February 26, 2026. This achievement comes as the company has shown notable operational improvements, including a remarkable 92.56% growth in operating profit reported in December.
Despite a challenging year, Eurodry has rebounded with positive results in January after three consecutive quarters of losses. The company’s operating cash flow has also reached its highest level at USD 12.88 million, indicating a strong liquidity position. Additionally, the reduction in raw material costs by 39.52% year-over-year has contributed positively to its financial health. With a market capitalization of USD 52 million, Eurodry's stock has generated a return of 90.52% over the past year, significantly outperforming the S&P 500, which has returned 12.95% in the same period. The stock's price has moved from a 52-week low of USD 7.60 to its current high, reflecting a robust recovery and performance in the transport services sector.
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