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NASDAQ:CTRM

Castor Maritime (CTRM) Stock Price, News & Analysis

Castor Maritime logo
$3.83
-0.06 (-1.54%)
(As of 12:37 PM ET)

About Castor Maritime Stock (NASDAQ:CTRM)

Key Stats

Today's Range
$3.80
$3.87
50-Day Range
$3.87
$4.93
52-Week Range
$2.86
$6.50
Volume
53,627 shs
Average Volume
63,600 shs
Market Capitalization
$37.00 million
P/E Ratio
1.47
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

Castor Maritime Stock Analysis - MarketRank™

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13th Percentile Overall Score

CTRM MarketRank™: 

Castor Maritime scored higher than 13% of companies evaluated by MarketBeat, and ranked 117th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Castor Maritime is 1.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.91.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Castor Maritime is 1.47, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.88.

  • Price to Book Value per Share Ratio

    Castor Maritime has a P/B Ratio of 0.08. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Castor Maritime's valuation and earnings.
  • Percentage of Shares Shorted

    0.28% of the float of Castor Maritime has been sold short.
  • Short Interest Ratio / Days to Cover

    Castor Maritime has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Castor Maritime has recently increased by 100.00%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Castor Maritime does not currently pay a dividend.

  • Dividend Growth

    Castor Maritime does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.28% of the float of Castor Maritime has been sold short.
  • Short Interest Ratio / Days to Cover

    Castor Maritime has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Castor Maritime has recently increased by 100.00%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    Only 1 people have searched for CTRM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Castor Maritime to their MarketBeat watchlist in the last 30 days.
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CTRM Stock News Headlines

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CTRM Stock Analysis - Frequently Asked Questions

Castor Maritime's stock was trading at $4.25 at the beginning of the year. Since then, CTRM stock has decreased by 9.9% and is now trading at $3.83.
View the best growth stocks for 2024 here
.

Castor Maritime Inc. (NASDAQ:CTRM) posted its quarterly earnings results on Thursday, August, 8th. The company reported $0.97 earnings per share for the quarter. The firm earned $16.28 million during the quarter. Castor Maritime had a trailing twelve-month return on equity of 12.92% and a net margin of 76.76%.

Shares of Castor Maritime reverse split before market open on Wednesday, March 27th 2024. The 1-10 reverse split was announced on Wednesday, March 27th 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Shares of CTRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Castor Maritime investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT) and Phunware (PHUN).

Company Calendar

Last Earnings
8/08/2024
Today
11/04/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NASDAQ:CTRM
Employees
1
Year Founded
N/A

Profitability

Net Income
$38.64 million
Pretax Margin
77.00%

Debt

Sales & Book Value

Annual Sales
$97.52 million
Cash Flow
$5.56 per share
Book Value
$47.73 per share

Miscellaneous

Free Float
N/A
Market Cap
$37.58 million
Optionable
Optionable
Beta
0.86
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This page (NASDAQ:CTRM) was last updated on 11/4/2024 by MarketBeat.com Staff
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