Your email has been successfully added to our mailing list.

×
-0.0193942035301809 -0.0193942035301809 -0.0193942035301809 -0.0193942035301809 0.00592208990809221 0.00592208990809221 0.00592208990809221 0.00592208990809221
Stock impact report

EuroDry Ltd. Announces Joint Venture with Investors and Delivery of M/V Christos K, an Eco Ultramax Drybulk Carrier

EuroDry Ltd. - Common Shares (EDRY) 
Last eurodry ltd. - common shares earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
ATHENS, Greece, Oct. 26, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it formed a joint venture with a number of investors represented by NRP Project Finance AS (“NRP Investors”) regarding the ownership of the two Ultramax vessels it recently announced its agreement to acquire, M/V Christos K (ex – Giants Causeway) and M/V Maria (ex - Sadlers Wells), both built in 2015. Specifically, NRP Investors will acquire a 39% ownership stake in each of the vessels. Furthermore, the Company announced today that it took delivery of one of the above vessels, M/V Christos K, a 63,197 dwt. The Company has arranged a sustainability-linked loan of $11 million with Eurobank S.A. to partly finance the acquisition. Aristides Pittas, Chairman and CEO of EuroDry commented: “We are very pleased to partner with the NRP team, a Norwegian in Show less Read more
Impact Snapshot
Event Time:
EDRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
EDRY alerts

from News Quantified
Opt-in for
EDRY alerts

from News Quantified