Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Claros Mortgage Trust Inc (NYSE: CMTG) closed at $3.14 down -2.18% from its previous closing price of $3.21. In other words, the price has decreased by -$2.18 from its previous closing price. On the day, 0.73 million shares were traded. CMTG stock price reached its highest trading level at $3.25 during the session, while it also had its lowest trading level at $3.1.
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 3.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.75. In the meantime, Its Debt-to-Equity ratio is 2.44 whereas as Long-Term Debt/Eq ratio is at 1.63.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMTG now has a Market Capitalization of 447352640 and an Enterprise Value of 5453455872. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at 107.816.
Stock Price History:
The Beta on a monthly basis for CMTG is 1.57, which has changed by -0.6824926 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. Over the past 52 weeks, CMTG has reached a high of $10.37, while it has fallen to a 52-week low of $3.14. The 50-Day Moving Average of the stock is -29.31%, while the 200-Day Moving Average is calculated to be -55.03%.
Shares Statistics:
For the past three months, CMTG has traded an average of 448.30K shares per day and 561190 over the past ten days. A total of 139.36M shares are outstanding, with a floating share count of 128.44M. Insiders hold about 7.84% of the company’s shares, while institutions hold 78.74% stake in the company. Shares short for CMTG as of 1738281600 were 4089950 with a Short Ratio of 9.12, compared to 1735603200 on 3916168. Therefore, it implies a Short% of Shares Outstanding of 4089950 and a Short% of Float of 5.09.
Dividends & Splits
According to the company, the forward annual dividend rate for CMTG is 0.60, from 0.85 in the trailing year. Against a Trailing Annual Dividend Yield of 0.2647975
