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
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Full Answer
Is CTRM a good stock to buy?
CTRM scores best on the Momentum dimension, with a Momentum rank ahead of 97.6% of US stocks. The strongest trend for CTRM is in Growth, which has been heading up over the past 163 days. CTRM ranks lowest in Stability; there it ranks in the 2nd percentile.
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.
What do marketbeat's community ratings mean for Castor maritime?
MarketBeat's community ratings are surveys of what our community members think about Castor Maritime and other stocks. Vote “Outperform” if you believe CTRM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CTRM will underperform the S&P 500 over the long term. You may vote once every thirty days.
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.
Is CTRM a buy now?
Today CTRM ranks #12991 as sell candidate.
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.
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.
Should you buy CTRM stock?
The financial health and growth prospects of CERE, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
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.
Is Castor maritime undervalued?
Is Castor Maritime Stock Undervalued? The current Castor Maritime [CTRM] share price is $1.69. The Score for CTRM is 31, which is 38% below its historic median score of 50, and infers higher risk than normal. CTRM is currently trading in the 30-40% percentile range relative to its historical Stock Score levels.
What happens when a stock is delisted Robinhood?
If a stock that you own delists, you'll be able to sell it in the market, but you won't be able to purchase additional shares. Once a stock delists, the in-app market data will no longer reflect the current trading price.
What is NAKD stock?
Key Turning Points52-Week High51.00Fibonacci 50%26.80Fibonacci 38.2%21.09Last Price2.6152-Week Low2.601 more row•Jan 13, 2022
Is Ctrm Nasdaq compliant?
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.
Is Sundial growers a buy?
Following the Q3 earnings report, Sundial shares experienced a strong rally. However, even though SNDL is worth just over 50 cents and is under pressure to pass the $1-per-share level to remain in compliance with Nasdaq, here are three reasons why buying the stock ahead of earnings could be a good deal.
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.
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 results on Monday, May, 9th. The company reported $0.21 EPS for the quarter. The...
When did Castor Maritime's stock split? How did Castor Maritime's stock split work?
Castor Maritime's stock reverse split on the morning of Friday, May 28th 2021. The 1-10 reverse split was announced on Friday, May 21st 2021. The n...
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 Dorian LPG (LPG) , Diana Shipping (DSX) , Safe Bulkers (SB) , Grindrod Shipping (GRI...
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 number of retail and institutional investors. Top institutional investors include Cresset Asset Management LL...
Which institutional investors are selling Castor Maritime stock?
CTRM stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Jane Street Group LLC, Sim...
What is the strongest trending metric for CTRM?
CTRM's strongest trending metric is Quality; it's been moving down over the last 65 days. CTRM's current lowest rank is in the Quality metric (where it is better than 7.22% of US stocks).
What is Castor Maritime?
Castor Maritime, Inc. engages in the provision of shipping transportation services through its ownership of dry bulk vessels. It offers seaborne transportation services for dry bulk cargo including iron ore, coal, and grain, collectively referred to as major bulks; and steel products, fertilizers, cement, bauxite, sugar, and scrap metal, collectively referred to as minor bulks. The company was founded by Petros Panagiotidis on September 12, 2017 and is headquartered in Limassol, Cyprus.
What is CTRM?
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.
Castor Maritime Stock news
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 revenue
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.
CTRM stock history
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.
Is CTRM a good investment?
CTRM looks cheap. Besides, its shares have dropped by almost 100% from their all-time high. It is also a profitable company.
CTRM stock forecast 2021
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.
CTRM share price forecast 2025
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.
How much did Castor Maritime make in 2021?
Investors in Castor Maritime (NASDAQ: CTRM) haven't had a pleasant past three months, as the stock has dropped almost 50% in that time. For the three months ended June 30, Castor Maritime earned $6.5 million, building on the $1.1 million profit it made in 2021's first quarter. GlobeNewswire • 10 days ago.
When will Castor take delivery of Magic Eclipse?
(NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on June 7, 2021, it took delivery of the M/V Magic Eclipse, the 2011 Japanese-built Panamax dry bulk vessel it had agreed to acquire as previously announced on April 9, 2021.
A Binary Bet on Continued Market Madness
The Reddit set’s interest in this old economy stock is somewhat unique. The most popular penny stocks with the WSB crowd largely have been plays on recent trends. These include EV name Ideanomics (NASDAQ: IDEX ), and pot stock Sundial Growers (NASDAQ: SNDL ).
Bottom Line: If You Must Buy, Tread Carefully
Castor Maritime may have more prosperous days ahead, but this rebound in its prospects is more than reflected in its share price. As retail traders continue to dabble in this and other penny stocks on anything but fundamentals, it may be a while until the bottom finally falls out of it.
How many vessels does Castor Maritime have?
Castor Maritime is on an aggressive fleet acquisition spree. With the announcement of a new vessel acquisition on April 19, the company now has 17 vessels. It has added 13 vessels this year alone. Higher vessels amid strong freight rates sounds great for business.
Will Castor Maritime rally in 2021?
Castor Maritime’s rally in 2021 had no legs and was mainly driven by the buzz around the WBS discussion. That momentum has mostly subsided, which means that it's hard to get any bounce from that front. One of the other factors driving the stock higher was potential short-squeeze activity in the stock.
Is CTRM a penny stock?
CTRM is a penny stock and it's difficult to say where the stock will be in five years. Given management’s stated strategy of fleet expansion, which has mainly been financed through debt and share issuance, its debt and equity are both expected to balloon going forward. They have already increased in the last few months.
How much is Castor Maritime up in 2021?
Castor Maritime (NASDAQ: CTRM) gained 61% in February. In 2021, , it’s up 336%, but in the last month, it’s down 7%. Source: Shutterstock. The owner of 14 oceangoing cargo vessels has captured the imagination of Reddit investors everywhere.
When will Castor's senior term loan maturity?
In January, Castor closed a $15.3 million senior term loan facility that comes with an interest rate of 3.3% plus LIBOR and matures in 2025. It will use the funds to buy more boats.
