Why Historical Return Data is Important to Analyze? Castor Maritime Inc. (NASDAQ:CTRM)

Castor Maritime Inc. (NASDAQ:CTRM) with the stream of -18.48% in the last hour of trading session.

Castor Maritime Inc. (CTRM) shares fell-18.48% to close at $0.19. About 288,344,704 million shares traded hands on 30.26M trades for the day, compared with an average daily volume of 30.26M shares out of a total float of 113.83M. After opening the trading day at $0.17, shares of Castor Maritime Inc. stayed within a range of $0.17 to $0.20.

With today’s loss, Castor Maritime Inc. now has a market cap of $44.06M. Shares of Castor Maritime Inc. have been trading within a range of $0.11 and $2.60 over the last year, and it had a 50-day SMA of $21.26% and a 200-day SMA of $-42.70%.

Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. It provides seaborne transportation services for dry bulk cargo, including iron ore, coal, grains, steel products, fertilizers, cement, bauxite, sugar, and scrap metals. The company operates three Panamax vessels with a carrying capacity of approximately 76,122 deadweight ton. Castor Maritime Inc. was founded in 2016 and is based in Limassol, Cyprus.

The PEG ratio is used to determine a stock’s value while taking the company’s earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. Last traded has a PEG ratio of 0 where as its P/E ratio was 0. The overall volume in the last trading session was 288,344,704 shares.

Important Results:

Castor Maritime Inc. has P/S value of 4.03 while its P/B esteem remains at 0.48. Likewise, the company has Return on Assets of 0, Return on Equity of 0 and Return on Investment of 0. The company demonstrates Gross Margin and Operating Margin of 0 and 0 respectively.

CTRM’s price to sales ratio for trailing twelve months was 4.03 and price to book ratio for most recent quarter was 0.48, whereas price to cash per share for the most recent quarter was 0. The Company’s price to free cash flow for trailing twelve months was recorded as 0.

Historical Performances to Consider:

The Stock’s performances for Monthly, weekly, half-yearly, quarterly & year-to-date are mentioned below:-

On a Monthly basis the stock was 13.84%. On a weekly basis, the stock remained 5.41%. The half-yearly performance for the stock has -43.56%, while the quarterly performance was 23.42%. Looking further out we can see that the stock has moved 5.41% over the year to date. Other technical indicators are worth considering in assessing the prospects for EQT. RSI for instance was stand at 51.64.

Jake Charles

About Jake Charles

This is Jake Charles, a Senior News Writer for “Stocks Equity”. I covers “Active Stocks” sector and writes about trending Active Hot companies from an exclusive and “out of the box” perspective. I worked independently as a self motivator and with the financial institute as financial adviser to invest in the Active sector for over 9 years in the developing countries by introducing new phases and ways to improve in this sector. I like to travel all over the globe to get new experience and provide by best services to the companies. As an advisor I like to work with new people to share and explore new ideas keeping in view minimizing the operating cost and giving the best final product through new technology and minimizing the time of development.

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