Maxim Group began coverage on shares of United Maritime (NASDAQ:USEA – Free Report) in a research note released on Wednesday morning, Benzinga reports. The brokerage issued a buy rating and a $6.00 target price on the stock.
United Maritime Price Performance
Shares of NASDAQ USEA opened at 2.60 on Wednesday. United Maritime has a twelve month low of 2.01 and a twelve month high of 3.00. The business’s 50 day moving average price is 2.62 and its two-hundred day moving average price is 2.62. The company has a quick ratio of 0.35, a current ratio of 0.36 and a debt-to-equity ratio of 1.46. The company has a market cap of $22.59 million, a PE ratio of 8.39 and a beta of 0.58.
United Maritime (NASDAQ:USEA – Get Free Report) last posted its earnings results on Friday, May 24th. The company reported -0.15 EPS for the quarter. United Maritime had a net margin of 8.02% and a return on equity of 5.68%. The firm had revenue of 10.60 million during the quarter.
United Maritime Dividend Announcement
Hedge Funds Weigh In On United Maritime
A hedge fund recently bought a new stake in United Maritime stock. MJP Associates Inc. ADV purchased a new stake in United Maritime Co. (NASDAQ:USEA – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 22,238 shares of the company’s stock, valued at approximately $55,000. MJP Associates Inc. ADV owned 0.25% of United Maritime at the end of the most recent quarter. Hedge funds and other institutional investors own 1.63% of the company’s stock.
About United Maritime
United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.
Featured Articles
- Five stocks we like better than United Maritime
- What is Put Option Volume?
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- MarketBeat Week in Review – 6/24 – 6/28
- Dividend Payout Ratio Calculator
- General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
Receive News & Ratings for United Maritime Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Maritime and related companies with MarketBeat.com's FREE daily email newsletter.