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FreeSeas Inc (FREEZ) news stock charts

FreeSeas Inc (FREEZ) Investment Summary:

FreeSeas Inc., through its subsidiaries, operates as an international dry bulk shipping company. The company transports various dry bulk commodities, including coal, grains, and iron ore, as well as bauxite, phosphate, fertilizers, steel products, sugar, and rice worldwide. As of December 31, 2008, its fleet consisted of seven Handysize vessels and two Handymax vessels. The company was founded in 2004 and is based in Piraeus, Greece.
www.freeseas.gr
Founded in 2004

FreeSeas Inc (FREEZ:NASDAQ)

LAST $0.21 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/17/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of FreeSeas Inc (FREEZ)

OPEN
$0.21
PREVIOUS CLOSE
$0.21
DAY HIGH
$0.21
DAY LOW
$0.21
52 WEEK HIGH
04/7/09 - $1.00
52 WEEK LOW
04/3/09 - $0.08
MARKET CAP
--
AVERAGE VOLUME 10 D
5.6K
EPS TTM
--
SHARES OUTSTANDING
0.0
FREEZ Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for FreeSeas Inc (FREEZ)

FreeSeas Inc., Board Meeting, Mar 03, 2010

FreeSeas Inc., Board Meeting, Mar 03, 2010 Agenda: To approve increase in the size of the Board by one member and approve the appointment of Mr. Keith Bloomfield to fill the vacancy on the board created thereby.

FreeSeas Announces the Addition of Keith Bloomfield to its Board of Directors

FreeSeas Inc. announced the addition of Keith Bloomfield to the company's Board of Directors, increasing the total size of the Board to six members. Mr. Bloomfield has over 13 years of experience in mergers and acquisitions, corporate law, and wealth management. He is currently the President and Chief Executive Officer of Forbes Family Trust.

FreeSeas Inc. expected to Report Q1 2010 Results on May 24, 2010. This event was calculated by Capital IQ (Created on March 8, 2010).

FreeSeas Inc. expected to Report Q1 2010 Results on May 24, 2010. This event was calculated by Capital IQ (Created on March 8, 2010).

FreeSeas Inc financial resources

otc, otcbb, pinksheet, FREEZ, ob FreeSeas Inc

FREEZ Competitors

Company Last Change
Euroseas Ltd $4.02 USD +0.07
Navios Maritime Partners LP $17.02 USD -0.29
Paragon Shipping Inc $4.62 USD -0.08
Star Bulk Carriers Corp $2.85 USD +0.02
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation FREEZ Industry Range
Price/Earnings 4.5x
Price/Sales 0.7x
Price/Book 0.3x
Price/Cash Flow 1.6x
TEV/Sales NM Not Meaningful

FREEZ

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FREEZ transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent Financial News About FreeSeas Inc

FreeSeas Announces the Addition of Keith Bloomfield to Its Board of Directors

Quote: NasdaqFREENewsNasdaqFREEWNewsNasdaqFREEZNews) ("FreeSeas'' or the "Company''), a transporter of drybulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today the addition of Keith Bloomfield to the Company's Board of Directors, increasing the total size of the Board to six members.SeptemberSeptember 2009, he was a Senior Managing Director and Corporate Counsel at Third Avenue Management, a global asset management firm with app...
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FreeSeas Announces 2009 Fourth Quarter and Year End Financial Results

Quote: FREESEAS INC.PERFORMANCE INDICATORS(All amounts in tables in thousands of United States dollars, except for fleet data )Three Months EndedYear EndedDecember 31, 2009December 31, 2008December 31, 2009December 31, 2008EBITDA (1)$5,746 $13,888 $30,337 $41,296 Fleet Data:Average number of vessels (2)10.009.009.357.36Ownership days (3)9208283,4142,688Available days (4)9087993,3732,605Operating days (5)8667523,2942,441Fleet utilization (6)94.1%90.8%96.5%90.8%Average daily results:Average TCE rate (7)$...
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FreeSeas Inc. Schedules Financial Results and Conference Call for Its Fourth Quarter and Year-Ended December 31, 2009

Quote: NasdaqFREENewsNasdaqFREEWNewsNasdaqFREEZNews) ("FreeSeas'' or the "Company''), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today that it will release its financial results for the fourth quarter and year-ended December 31, 2009 prior to the opening of the stock market on Monday, March 8, 2010.The Company will then discuss those results in a conference call later that morning at 10:00 a.m. ET.The d...
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FreeSeas Announces New Charters for Six of Its Vessels

Quote: FREENewsFREEWNewsFREEZNews) ("FreeSeas'' or the "Company''), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today new charters for six of its vessels.Mr. Ion Varouxakis, Chief Executive Officer of FreeSeas, stated, "We are pleased to report healthy rates which on a fleet-wide basis are cash-flow positive."The new charters are detailed below:Fleet Employment DataAbout FreeSeas Inc.http://www.sec.govht...
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FreeSeas Announces New Charters for Six of Its Vessels

Quote: FREENewsFREEWNewsFREEZNews) ("FreeSeas'' or the "Company''), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today new charters for six of its vessels.Mr. Ion Varouxakis, Chief Executive Officer of FreeSeas, stated, "We are pleased to report healthy rates which on a fleet-wide basis are cash-flow positive."The new charters are detailed below:Fleet Employment DataAbout FreeSeas Inc.http://www.sec.govht...
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FreeSeas Announces Extension of FREEW Warrants

Quote: FREENewsFREEWNewsFREEZNews) ("FreeSeas" or the "Company"), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today that it is further extending the expiration date for its 786,265 outstanding Class W warrants, currently listed under the ticker FREEW, to June 30, 2010 from December 31, 2009. The exercise price per share remains at $2.50. Each Class W warrant entitles the holder to purchase one share of ...
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