C3is Inc (CISS) Is A Great Bargain Stock To Take A Look At

C3is Inc (NASDAQ:CISS) has seen 195.95 million shares traded in the last trading session. The company, currently valued at $0.80M, closed the last trade at $0.03 per share which meant it lost -$0.05 on the day or -64.18% during that session. The CISS stock price is -66566.67% off its 52-week high price of $20.00 and -166.67% below the 52-week low of $0.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 21.87 million shares traded. The 3-month trading volume is 8.89 million shares.

C3is Inc (NASDAQ:CISS) trade information

Sporting -64.18% in the red in last session, the stock has traded in the red over the last five days, when the CISS stock price touched $0.03 or saw a rise of 69.04%. Year-to-date, C3is Inc shares have moved -94.66%, while the 5-day performance has seen it change -69.17%. Over the past 30 days, the shares of C3is Inc (NASDAQ:CISS) have changed -76.32%. Short interest in the company has seen 1.6 million shares shorted with days to cover at 0.12.

C3is Inc (CISS) estimates and forecasts

The company’s shares have lost -92.69% over the past 6 months.

CISS Dividends

C3is Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

C3is Inc (NASDAQ:CISS)’s Major holders

Insiders own 15.53% of the company shares, while shares held by institutions stand at 0.36% with a share float percentage of 0.42%. Investors are also buoyed by the number of investors in a company, with C3is Inc having a total of 12 institutions that hold shares in the company. The top two institutional holders are Armistice Capital, LLC with over 0.1 million shares worth more than $0.11 million. As of Jun 29, 2023, Armistice Capital, LLC held 1.90% of shares outstanding.

The other major institutional holder is Boothbay Fund Management, LLC, with the holding of over 14998.0 shares as of Jun 29, 2023. The firm’s total holdings are worth over $16647.0 and represent 0.28% of shares outstanding.