Castor Maritime Inc. (NASDAQ:CTRM) has seen 36,276,547 shares traded in the last trading session. The company, currently valued at $4.68 Million, closed the last trade at $0.412 per share which meant it lost -$0.05 on the day or -11.83% during that session. The CTRM stock price is -1181.55% off its 52-week high price of $5.28 and 15.05% above the 52-week low of $0.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 26.61 Million shares traded. The 3-month trading volume is 4.74 Million shares.
The consensus among analysts is that Castor Maritime Inc. (CTRM) is a 0 stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 0 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight.
Castor Maritime Inc. (NASDAQ:CTRM) trade information
Despite being -11.83% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the CTRM stock price touched $0.7 or saw a rise of 41.14%. Year-to-date, Castor Maritime Inc. shares have moved -77.73%, while the 5-day performance has seen it change -41.97%. Over the past 30 days, the shares of Castor Maritime Inc. (NASDAQ:CTRM) have changed -41.45%. Short interest in the company has seen 24.52 Million shares shorted with days to cover at 5.17.
Castor Maritime Inc. (CTRM) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +0% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Castor Maritime Inc. (NASDAQ:CTRM)’s Major holders
Insiders own 16.18% of the company shares, while shares held by institutions stand at 1.91% with a share float percentage of 2.28%. Investors are also buoyed by the number of investors in a company, with Castor Maritime Inc. having a total of 6 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 119.87 Thousand shares worth more than $81.93 Thousand. As of March 30, 2020, Renaissance Technologies, LLC held 1.31% of shares outstanding.
The other major institutional holder is Virtu Financial LLC, with the holding of over 33.22 Thousand shares as of December 30, 2019. The firm’s total holdings are worth over $61.46 Thousand and represent 0.36% of shares outstanding.