Is CTRM a growth stock with a catch?
Find the latest Castor Maritime Inc. (CTRM) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.
Where can I buy CTRM shares?
Castor Maritime Inc () Stock Market info Recommendations: Buy or sell Castor Maritime stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Castor Maritime share forecasts, stock quote and buy / sell signals below.According to present data Castor Maritime's CTRM shares and potentially its market environment have been in a bullish cycle in …
Why are short-term and long-term CTRM stock price predictions different?
May 24, 2021 · CTRM is falling due to the news of a reverse stock split. ONTX also fell on the reverse stock split announcement. General Electric tumbled when it announced a reverse stock split in March 2021....
Will CTRM ever get its fair share?
Feb 08, 2021 · Why CTRM Stock Is Gaining Today Considering the latest news, it is reasonable to believe that investors are celebrating another accomplishment on the growth front. Castor Maritime promised to keep...
Will CTRM stock go up?
Given the current short-term trend, the stock is expected to rise 54.51% during the next 3 months and, with a 90% probability hold a price between $2.76 and $3.76 at the end of this 3-month period.
What is the future of CTRM?
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.Jan 26, 2022
What is the price target for CTRM?
Based on analysts offering 12 month price targets for CTRM in the last 3 months. The average price target is $0.00 with a high estimate of $0.00 and a low estimate of $0.00.
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.Feb 4, 2022
Will TXMD stock go up?
Given the current short-term trend, the stock is expected to rise 20.75% during the next 3 months and, with a 90% probability hold a price between $0.27 and $0.56 at the end of this 3-month period.
Is Ctrm an OTC stock?
Castor's common shares are expected to begin trading on Nasdaq at the opening of the market on Monday February 11, 2019 under the ticker symbol “CTRM” with CUSIP number Y1146L109. The Company's common shares will continue to trade on the Norwegian OTC under the ticker symbol “CASTOR”.Feb 7, 2019
How many boats does Ctrm?
The Company has been aggressive in acquiring new ships as it grows its fleet to 26 vessels. The Company currently has nearly 90 million outstanding shares post-reverse split.Jun 23, 2021
How much cash does Ctrm?
Compare CTRM With Other StocksCastor Maritime Annual Cash on Hand (Millions of US $)2020$92019$52018$22018$23 more rows
"Should I invest in Castor Maritime stock?" "Should I trade "CTRM" stock today?"
According to our live Forecast System, Castor Maritime Inc stock is an awesome long-term (1-year)...
What is the Castor Maritime stock price / share price today?
The Castor Maritime stock price is 1.700 USD today.
Will Castor Maritime stock price grow / rise / go up?
Yes. The CTRM stock price can go up from 1.700 USD to 2.808 USD in...
Is it profitable to invest in Castor Maritime stock?
Yes. The long-term earning potential is + 65.18 % in one year.
Will CTRM stock price fall / drop?
No. See above .
What will Castor Maritime stock price be worth in five years (2027)?
The CTRM ("CTRM" ) future stock price will be 7.523 USD .
Will CTRM stock price crash?
According to our analysis, this will not happen.
Will Castor Maritime stock price hit 10 USD price in a year?
Not within a year. See above .
Will Castor Maritime stock price hit 20 USD price in a year?
Not within a year. See above .
Who is the CEO of Castor Maritime?
When will Castor take delivery of Magic Eclipse?
Castor Maritime (NASDAQ:CTRM) is a shipping company listed on Nasdaq but which has one employee, Mr. Petros Panagiotidis, located in Cyprus. He is the CEO, CFO, and controlling shareholder of CTRM stock. Recently, some have called into question the one-sided benefits that he is reaping from capital raises.
CTRM Target Price
(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.
Castor Maritime Inc ( CTRM ) Stock Market info
CTRM price target in 14 days: 2.533 USD* upside and 2.127 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Castor Maritime Inc ( CTRM ) Stock Price Prediction, Stock Forecast for next months and years
Recommendations: Buy or sell Castor Maritime stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Castor Maritime share forecasts, stock quote and buy / sell signals below.
How many vessels does CTRM have?
Short-term and long-term CTRM (Castor Maritime Inc) stock price predictions may be different due to the different analyzed time series.
What is a castor maritime?
Lately, CTRM has been on an expansion spree. The company has announced the acquisition of new vessels in a flurry. CTRM has 26 vessels on a fully delivered basis, according to the most recent update. Now, growth is always a piece of welcome news for investors, especially in an industry like shipping.
Castor Maritime Gains Retail Investor Backing
Castor Maritime is a growth-oriented shipping company. Usually, we associate growth with a tech company or an emerging industry like electric vehicles. Shipping is an old industry that doesn't have much organic growth. However, CTRM has been different.
Aggressive Expansion Helps Drive the Move
As mentioned above, Castor Maritime stock is flying in the premarket hours this morning, doing more of what we’ve seen from the stock early this year. However, with no news from the company, many are wondering why the stock is flying.
Final Thoughts
Recently, Castor Maritime has been going through a pretty aggressive expansion of its fleet. As a dry bulk shipping company, the larger the company’s fleet gets, the stronger opportunity it has to generate revenue, and ultimately profits for investors.
Castor Maritime Media Sentiment
Sure, there are risks to consider before diving into CTRM. Keep in mind, the stock is in the penny territory and at this stage in the game, dilution can happen. Nonetheless, the risks on the stock seem to be overshadowed by the potential.
Media Coverage
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
Castor Maritime (NASDAQ CTRM) News Headlines Today
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
How many vessels does Castor Maritime have?
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
Is CTRM a penny stock?
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.
Castor Maritime Gains Retail Investor Backing
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.
Aggressive Expansion Helps Drive the Move
As mentioned above, Castor Maritime stock is flying in the premarket hours this morning, doing more of what we’ve seen from the stock early this year. However, with no news from the company, many are wondering why the stock is flying.
Final Thoughts
Recently, Castor Maritime has been going through a pretty aggressive expansion of its fleet. As a dry bulk shipping company, the larger the company’s fleet gets, the stronger opportunity it has to generate revenue, and ultimately profits for investors.
