United Maritime (NASDAQ:USEA) Issues Quarterly Earnings Results

United Maritime (NASDAQ:USEA) released its earnings results on Tuesday. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.22, Zacks reports. United Maritime had a negative return on equity of 2.76% and a negative net margin of 4.96%. The business had revenue of $10.40 million for the quarter, compared to the consensus estimate of $10.40 million.

United Maritime Trading Down 12.8 %

United Maritime stock opened at $1.64 on Wednesday. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 1.62. The business’s fifty day simple moving average is $1.81 and its two-hundred day simple moving average is $2.08. United Maritime has a 12 month low of $1.49 and a 12 month high of $2.98. The company has a market capitalization of $14.51 million, a price-to-earnings ratio of -6.31 and a beta of 0.54.

United Maritime Company Profile

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.