The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Claros Mortgage Trust Inc (NYSE: CMTG) closed at $2.33 up 1.75% from its previous closing price of $2.29. In other words, the price has increased by $1.75 from its previous closing price. On the day, 2.72 million shares were traded.
Ratios:
For a deeper understanding of Claros Mortgage Trust Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.90. In the meantime, Its Debt-to-Equity ratio is 2.43 whereas as Long-Term Debt/Eq ratio is at 2.43.
On September 20, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $8.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 29 ’24 when Mack Richard bought 40,000 shares for $6.90 per share. The transaction valued at 276,000 led to the insider holds 2,591,853 shares of the business.
Siegel Jeffrey D bought 5,000 shares of CMTG for $36,150 on May 28 ’24. The insider now owns 167,242 shares after completing the transaction at $7.23 per share. On May 28 ’24, another insider, WALTER W EDWARD, who serves as the Director of the company, bought 7,000 shares for $7.21 each. As a result, the insider paid 50,470 and bolstered with 13,760 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 0.16.
Stock Price History:
Over the past 52 weeks, CMTG has reached a high of $9.80, while it has fallen to a 52-week low of $2.25. The 50-Day Moving Average of the stock is -35.72%, while the 200-Day Moving Average is calculated to be -64.74%.
Shares Statistics:
A total of 139.36M shares are outstanding, with a floating share count of 113.31M. Insiders hold about 18.69% of the company’s shares, while institutions hold 65.26% stake in the company.
