Is CTRM a good stock to buy?
Despite CTRM having good running earning report, the share price has been plunged down more than 800% from the top. The stock is heavily shorted by hedgie with reason of reverse stock split. There is a great divergence with Baltic Dry Index. BDI Index have break 10 year new high.
What does ctrmus stand for?
CTRMU.S.: Nasdaq Castor Maritime Inc. WatchlistCreateCTRMAlert CTRMUS After Hours Last Updated: May 10, 2022 6:39 p.m. EDTDelayed quote
Is $CTRM forming a good floor?
decent risk reward on $CTRM as well, look for a move to 2.75-3+ in short term if we bounce off this blue support, remember to use tighter stops on penny stocks since they are so volatile. good luck! You can really see the suppressing power of the purple line here. It squeezed and it broke out, looks to me like it's forming a good floor.
Are We bottoming out on CTRM?
I have actually been long for a while on CTRM. I added a bit on the dip lower as well. I'm convinced we are bottoming out, the pattern is pretty clear on low and high timeframes. Share your thoughts in the comments, lets see if we can get a nice discussion going.
Is CTRM a good stock to buy now?
CTRM Stock Price Movement As of July 20, 2022 the (CTRM) stock price is $1.53. Over the previous five trading days (CTRM) stock is up 16.7%, compared with being down -29.19% in the past year. (CTRM) is up 7.7% so far in 2022.
Is CTRM undervalued?
CTRM ($1.37) is significantly undervalued...
Is CTRM a Buy Sell or Hold?
The Castor Maritime Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
What is the future of CTRM stock?
Castor Maritime (CTRM) stock forecast 2022-2025 The site suggested that the stock could be a few cents shy of $4.7 in 2024, almost reach $6.5 by 2025, and be closing in on $8.2 a year later. A five year forecast for the stock, meanwhile, suggested it could be touching $9.96 by 2027.
Is Ctrm gonna go up?
Iterum Therapeutics PLC (NASDAQ:ITRM) The 1 analysts offering 12-month price forecasts for Iterum Therapeutics PLC have a median target of 1.00, with a high estimate of 1.00 and a low estimate of 1.00. The median estimate represents a +262.71% increase from the last price of 0.28.
Will Ctrm get delisted?
Castor Maritime Stock Gets Delisted By Robinhood Alongside Gamestop.
Will Ctrm reverse split?
Castor Maritime Inc. (CTRM) will effect a one-for-ten (1-10) reverse split of its common stock. The reverse stock split will become effective on Friday, May 28, 2021. In conjunction with the reverse split, the CUSIP number will change to Y1146L125.
Why did Ctrm stock go up?
CTRM Stock Soars on Impressive Earnings Indeed, the company reported an impressive $29.2 million in net income for the past quarter, more than doubling its year-to-date earnings over the previous nine months. Overall, 2021 saw the company bring in $52.3 million in net income.
Will Zom stock go up?
There is potential for a short term uptick in the Zom stock price, especially as the active weekly candle is mildly bullish. The relative strength index is relatively oversold and has been for quite some time.
How many ships does Castor Maritime own?
28 vesselsAbout Castor Maritime Inc. On a fully delivered basis, Castor will own a fleet of 28 vessels, with an aggregate capacity of 2.4 million dwt, consisting of 1 Capesize, 7 Kamsarmax and 11 Panamax dry bulk vessels, as well as 1 Aframax, 6 Aframax/LR2 and 2 MR1 tankers.
Is Castor Maritime a real company?
It's Magic, It's Shipping, It's Castor! We are a growth-oriented global shipping company engaged in the seaborne transportation of a wide range of commodities along worldwide shipping routes through our ownership of dry bulk and tanker vessels.
What is CTRM?
CTRM (Commodity Trading and Risk Management) software is specialized trading and risk management software designed for companies involved in commodity trading.
How has Castor Maritime's stock price performed in 2022?
Castor Maritime's stock was trading at $1.42 on January 1st, 2022. Since then, CTRM stock has increased by 19.0% and is now trading at $1.69. View...
When is Castor Maritime's next earnings date?
Castor Maritime is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Cast...
How were Castor Maritime's earnings last quarter?
Castor Maritime Inc. (NASDAQ:CTRM) released its quarterly earnings data on Monday, May, 9th. The company reported $0.21 earnings per share for the...
When did Castor Maritime's stock split? How did Castor Maritime's stock split work?
Castor Maritime shares reverse split before market open on Friday, May 28th 2021. The 1-10 reverse split was announced on Friday, May 21st 2021. Th...
Who are Castor Maritime's key executives?
Castor Maritime's management team includes the following people: Mr. Petros Panagiotidis , Founder, Chairman, CEO, CFO, Pres & Treasurer (Age 32...
Who are some of Castor Maritime's key competitors?
Some companies that are related to Castor Maritime include Safe Bulkers (SB) , Diana Shipping (DSX) , Grindrod Shipping (GRIN) , Teekay (TK) ,...
What other stocks do shareholders of Castor Maritime own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Castor Maritime investors own include Ocugen (OCGN) , Top...
What is Castor Maritime's stock symbol?
Castor Maritime trades on the NASDAQ under the ticker symbol "CTRM."
Who are Castor Maritime's major shareholders?
Castor Maritime's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cresset Asset Managemen...
About Castor Maritime
Castor Maritime (NASDAQ:CTRM) Frequently Asked Questions
Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. It provides seaborne transportation services for dry bulk cargo, including iron ore, coal, grains, steel products, fertilizers, cement, bauxite, sugar, and scrap metals.
What is CTRM?
Castor Maritime saw a decline in short interest in January. As of January 15th, there was short interest totaling 1,790,000 shares, a decline of 15.2% from the December 31st total of 2,110,000 shares. Based on an average daily volume of 1,990,000 shares, the days-to-cover ratio is currently 0.9 days. View Castor Maritime's Short Interest.
Castor Maritime Stock news
CTRM is the ticker symbol for Castor Maritime Inc, a company based in Cyprus. The firm was started in 2017 and has about 40 tankers and vessels. It was started by Petros Panagiotidis, who currently serves as the chief executive and chairman. The company went public in 2019 and is listed at the Nasdaq.
CTRM revenue
The CTRM stock price has been under intense pressure in the past few months as investors have worried about its growth and debt. The company has made several headlines in the past few months. The most recent news is that the firm announced a $55 million senior term loan facility with a European bank.
CTRM stock history
Castor Maritime also announced relatively quarterly solid results in November 2021, boosting our CTRM stock forecast. The firm had a net income of $43 million in the third quarter, higher than analysts expected. It was also a strong performance considering that it had just $2.8 million in revenue in the previous year.
Is CTRM a good investment?
The Castor Maritime stock price has mixed performance as a public company. The stock initially jumped to an all-time high of $190 when it went public. However, the declines started shortly after that, and the shares declined to an all-time low of $1 in November 2020.
CTRM stock forecast 2021
CTRM looks cheap. Besides, its shares have dropped by almost 100% from their all-time high. It is also a profitable company.
CTRM share price forecast 2025
CTRM is a relatively small company, meaning that analysts from major Wall Street banks do not track it. So, to invest in CTRM, you must do your research.
