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Euroseas: Coasting Well, But Not A Buy At These Levels
ESEAEuroseas(ESEA) seekingalpha.com·2024-05-27 23:36

Thierry Dosogne ESEA Is In A Good Way Over the past year, the broader equity markets have been resilient enough, delivering returns of 28%. But how about the performance of Euroseas Ltd. (NASDAQ:ESEA), a Greek shipping entity that operates in the containership space? During the same period, ESEA has ended up trouncing the total stock market by around 3.8x. BIMCO However, what's key to note is that ESEA is unlikely to face the same supply-side pressures as its larger peers, as its fleet only consists of feed ...