In the last trading session, 85,290,869 shares of the Castor Maritime Inc.(NASDAQ:CTRM) were traded, and its beta was 0. Most recently the company’s share price was $1.23, and it changed around $0.02 or 0.02% from the last close, which brings the market valuation of the company to $625.47 Million. CTRM currently trades at a discount to its 52-week high of $2.6, offering almost -111.38% off that amount. The share price’s 52-week low was $0.112, which indicates that the current value has risen by an impressive 90.89% since then. We note from Castor Maritime Inc.’s average daily trading volume that its 10-day average is 157.09 Million shares, with the 3-month average coming to 171.93 Million.
Castor Maritime Inc. stock received a consensus recommendation rating of 0, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 0 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended CTRM as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight.
Castor Maritime Inc. (NASDAQ:CTRM): Trading Information
Instantly CTRM has showed a green trend with a performance of 1.65% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $1.58 on Tuesday, Feb 16 increased the stock’s daily price by 22.15%. The company’s shares are currently up 5.65% year-to-date, but still down -0.1633 over the last five days. On the other hand, Castor Maritime Inc. (NASDAQ:CTRM) is 2.04% up in the 30-day period. We can see from the shorts that 35.67 Million shares have been sold at a short interest cover period of 0.21 day(s).
Castor Maritime Inc. (CTRM) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Castor Maritime Inc. earnings are expected to decrease by 0% in 2021, but the outlook is negative 0% per year for the next five years.
Castor Maritime Inc. (NASDAQ:CTRM)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0.95% of Castor Maritime Inc. shares, and 13.9% of them are in the hands of institutional investors. The stock currently has a share float of 14.03%. Castor Maritime Inc. stock is held by 7 institutions, with Renaissance Technologies, LLC being the largest institutional investor. By Dec 30, 2020, it held 0.08% of the shares, which is about 480.06 Thousand shares worth $88.81 Thousand.
Susquehanna International Group, LLP, with 0.04% or 265.41 Thousand shares worth $40.9 Thousand as of Sep 29, 2020, holds the second largest percentage of outstanding shares.