Closing Bell Recap: C3is Inc (CISS) Ends at $0.25, Reflecting a -24.24% Downturn

Abby Carey

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

C3is Inc (NASDAQ: CISS) closed the day trading at $0.25 down -24.24% from the previous closing price of $0.33. In other words, the price has decreased by -$24.24 from its previous closing price. On the day, 5.53 million shares were traded. CISS stock price reached its highest trading level at $0.3075 during the session, while it also had its lowest trading level at $0.2335.

Ratios:

For a better understanding of CISS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CISS now has a Market Capitalization of 1104595 and an Enterprise Value of -6304535. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at -0.188 whereas that against EBITDA is -0.987.

Stock Price History:

The Beta on a monthly basis for CISS is 1.78, which has changed by -0.96848136 over the last 52 weeks, in comparison to a change of 0.13613915 over the same period for the S&P500. Over the past 52 weeks, CISS has reached a high of $11.52, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is -87.10%, while the 200-Day Moving Average is calculated to be -91.85%.

Shares Statistics:

Over the past 3-months, CISS traded about 1.96M shares per day on average, while over the past 10 days, CISS traded about 1201520 shares per day. A total of 2.58M shares are outstanding, with a floating share count of 2.29M. Insiders hold about 11.38% of the company’s shares, while institutions hold 7.73% stake in the company. Shares short for CISS as of 1764288000 were 72842 with a Short Ratio of 0.04, compared to 1761868800 on 112235. Therefore, it implies a Short% of Shares Outstanding of 72842 and a Short% of Float of 2.78.

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