After finishing at $0.45 in the prior trading day, Castor Maritime Inc (NASDAQ: CTRM) closed at $0.44, down -1.16%. In other words, the price has decreased by -$0.0052 from its previous closing price. On the day, 518252 shares were traded. CTRM stock price reached its highest trading level at $0.4700 during the session, while it also had its lowest trading level at $0.4306.
Ratios:
Our goal is to gain a better understanding of CTRM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.02. For the most recent quarter (mrq), Quick Ratio is recorded 5.29 and its Current Ratio is at 8.47. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTRM now has a Market Capitalization of 42.79M and an Enterprise Value of 14.79M. As of this moment, Castor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.09. Its current Enterprise Value per Revenue stands at 0.15 whereas that against EBITDA is 0.29.
Stock Price History:
Over the past 52 weeks, CTRM has reached a high of $1.24, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is 0.4696, while the 200-Day Moving Average is calculated to be 0.4432.
Shares Statistics:
The stock has traded on average 824.10K shares per day over the past 3-months and 486.81k shares per day over the last 10 days, according to various share statistics. A total of 96.62M shares are outstanding, with a floating share count of 96.51M. Insiders hold about 0.12% of the company’s shares, while institutions hold 0.96% stake in the company. Shares short for CTRM as of Jan 31, 2024 were 875.38k with a Short Ratio of 1.06, compared to 741.57k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.91% and a Short% of Float of 0.91%.
