Where can I buy CTRM shares?
Shares of CTRM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
Is Castor (CTRM) stock about to rally?
With that in mind, a buyer now is getting way more vessels for the same price as before. As Castor gets more ships while its market cap remains level, its assets per share are rising. This hardly means that CTRM stock has to rally from here, but the valuation is starting to get more in-line with its peers.
What is Castor maritime (CTRM) stock up 1% Friday?
Castor Maritime is an international shipping company that handles deliveries through its ocean-faring ships. When its recent deliveries are complete, the company will own a total of 15 ships. CTRM stock was up 1% as of noon Friday and is up 174.4% since the start of the year.
Is CTRM stock a good buy?
If you are looking for stocks with good return, Castor Maritime Inc can be a profitable investment option. Castor Maritime Inc quote is equal to 1.455 USD at 2022-06-17. Based on our forecasts, a long-term increase is expected, the "CTRM" stock price prognosis for 2027-06-11 is 2.114 USD.
Will CTRM stock ever go up?
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.
Who is CTRM stock?
(CTRM) Stock Price, News, Quote & History - Yahoo Finance....Performance Outlook.Previous Close1.9500Bid1.9700 x 4000Ask1.9900 x 4000Day's Range1.9300 - 2.020052 Week Range1.0000 - 3.66003 more rows
What happened to CTRM stock on Robinhood?
Castor Maritime Stock Gets Delisted By Robinhood Alongside Gamestop. Popular stock trader and Barstool Sports owner Dave Portnoy calls for the arrest of wall street insiders after shares of stocks like Gamestop, AMC and NOKIA were delisted from Robinhood.
Is Castor Maritime a real company?
Castor Maritime Inc. operates as a dry bulk shipping company. The Company focuses on growing its fleet through acquisitions of new and modern vessels.
Is Castor Maritime real?
Castor Maritime Inc. is a shipping company. The Company was founded on September 12, 2017. Offices are located in Limassol, Cyprus. Our primary goal is to grow our fleet through acquisitions of new and modern vessels.
Will CTRM pay dividends?
CASTOR MARITIME (NASDAQ: CTRM) does not pay a dividend.
Is CTRM Nasdaq compliance?
Castor Maritime receives 180-day extension from Nasdaq for regaining compliance. Nasdaq granted Castor Maritime (NASDAQ:CTRM) an additional 180-day extension, or until June 28, 2021, to regain compliance with Nasdaq's minimum bid price requirement.
How many shares of CTRM are there?
Share StatisticsAvg Vol (3 month) 32.18MShares Outstanding 594.61MImplied Shares Outstanding 6N/AFloat 894.5M% Held by Insiders 10.12%7 more rows
What is NAKD stock?
Cenntro Electric Group Limited (NASDAQ: NAKD), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its trading symbol on the Nasdaq Capital... NAKD : 2.61 (-14.98%)
How do I buy CTRM stock?
Follow these steps to buy CTRM.Pick a Brokerage. With the advent of the internet and wireless connectivity platforms, you'll never find a more convenient time to consider investing in the stock market. ... Decide How Many Shares You Want. ... Choose Your Order Type. ... Execute Your Trade.
Why is castor Maritime stock up?
A global shipping company, Castor Maritime has benefited from leveraged exposure to sea freight, particularly during the last boom in freight prices. Supply chain bottlenecks remain, and shipping costs remain elevated.
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...
Description
Corporate Governance
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.
The Reverse Split
Castor Maritime Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
Prepare for Short Selling
Castor announced that it will be doing a 10-for-1 reverse split on Friday, May 28. This means that someone holding, say, 1,000 shares at 40 cents each would own 100 shares at $4 each after the split is effected.
The Verdict on Castor Maritime
Let’s be blunt. Reverse stock splits tend to be a short seller’s best friend. For one thing, many brokerages place additional limits or outright forbid shorting certain penny stocks. Getting shares up to a higher price makes it easier for short sellers to bet against a company.
What is CTRM?
Castor Maritime is one unusual situation. Management has taken what was a tiny business and is building it up into something significant. That’s not all bad. However, Castor is funding itself almost entirely with capital from newly issued stock. This has created a virtually endless supply of new shares of CTRM stock on the open market.
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.
How much cash does Castor Maritime have in 2019?
Turning to the weekly chart, the stock has been in a strong bearish trend. The chart shows that the stock is trading at key support shown in purple. The bearish trend is supported by the 25-day and 50-day moving average while the RSI is approaching its oversold level.
Where is Castor Maritime located?
This is the case for Castor Maritime. In 2018 it had a free cash flow of nearly $1 million. In 2019 and 2020 it had free cash flows of -$15 million and -$38 million respectively.
What are the risks of Castor Maritime?
Castor Maritime (NASDAQ: CTRM) is a shipping company, founded on Sept. 12, 2017 and based in Limassol, Cyprus. The company states that “Our primary goal is to grow our fleet through acquisitions of new and modern vessels.”.
Does Castor Maritime have a management agreement?
The largest risks now about Castor Maritime are the volatility in the freight rates and its revenue and the free cash flows it has and may have. If the freight rates continue to rise, this is positive news for the company. And the company is now risking on this too.
