Market Momentum: C3is Inc (CISS) Registers a -23.26% Decrease, Closing at $0.15

Kevin Freeman

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

C3is Inc (NASDAQ: CISS) closed the day trading at $0.15 down -23.26% from the previous closing price of $0.19. In other words, the price has decreased by -$23.26 from its previous closing price. On the day, 4.46 million shares were traded. CISS stock price reached its highest trading level at $0.1959 during the session, while it also had its lowest trading level at $0.143.

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 0.07. 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 658780 and an Enterprise Value of -6410147. 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 -0.191 whereas that against EBITDA is -1.004.

Stock Price History:

The Beta on a monthly basis for CISS is 1.95, which has changed by -0.97550505 over the last 52 weeks, in comparison to a change of 0.1726681 over the same period for the S&P500. Over the past 52 weeks, CISS has reached a high of $8.22, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -86.54%, while the 200-Day Moving Average is calculated to be -94.38%.

Shares Statistics:

Over the past 3-months, CISS traded about 894.97K shares per day on average, while over the past 10 days, CISS traded about 1357930 shares per day. A total of 4.42M shares are outstanding, with a floating share count of 4.12M. Insiders hold about 6.64% of the company’s shares, while institutions hold 32.16% stake in the company. Shares short for CISS as of 1767139200 were 179803 with a Short Ratio of 0.20, compared to 1764288000 on 72842. Therefore, it implies a Short% of Shares Outstanding of 179803 and a Short% of Float of 4.16.

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