How to buy Castor Maritime stock | $0.185

Castor Maritime Inc is a marine shipping business based in the US. Castor Maritime shares (CTRM) are listed on the NASDAQ and all prices are listed in US Dollars. Castor Maritime employs 1 staff and has a trailing 12-month revenue of around USD$10.9 million.

How to buy shares in Castor Maritime

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Castor Maritime. Find the stock by name or ticker symbol: CTRM. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Castor Maritime reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$0.185, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Castor Maritime, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Castor Maritime. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Castor Maritime share price

Use our graph to track the performance of CTRM stocks over time.

Castor Maritime shares at a glance

• Key figures

Information last updated 2020-12-27.

Latest market close	USD$0.185
52-week range	USD$0.117 - USD$2.03
50-day moving average	USD$0.1588
200-day moving average	USD$0.2232
Wall St. target price	N/A
PE ratio	2.5912
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$0.325

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Is it a good time to buy Castor Maritime stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Castor Maritime Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Castor Maritime price performance over time

Historical closes compared with the close of $0.185 from 2020-12-31

1 week (2021-01-08)	-5.13%
1 month (2020-12-15)	14.91%
3 months (2020-10-15)	15.63%
6 months (2020-07-15)	-27.45%

1 year (2020-01-15)	-90.05%
2 years (2019-01-12)	N/A
3 years (2018-01-12)	N/A
5 years (2016-01-12)	N/A

Is Castor Maritime under- or over-valued?

Valuing Castor Maritime stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Castor Maritime's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Castor Maritime's P/E ratio

Castor Maritime's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Castor Maritime shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Castor Maritime's EBITDA

Castor Maritime's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.4 million.

The EBITDA is a measure of a Castor Maritime's overall financial performance and is widely used to measure a its profitability.

Castor Maritime financials

Revenue TTM	USD$10.9 million
Operating margin TTM	15.06%
Gross profit TTM	USD$3 million
Return on assets TTM	4.36%
Return on equity TTM	0%
Profit margin	-4.18%
Book value	$0.404
Market capitalisation	USD$25.1 million

TTM: trailing 12 months

Shorting Castor Maritime shares

There are currently 290,866 Castor Maritime shares held short by investors – that's known as Castor Maritime's "short interest". This figure is 63.9% down from 805,981 last month.

There are a few different ways that this level of interest in shorting Castor Maritime shares can be evaluated.

Castor Maritime's "short interest ratio" (SIR)

Castor Maritime's "short interest ratio" (SIR) is the quantity of Castor Maritime shares currently shorted divided by the average quantity of Castor Maritime shares traded daily (recently around 14.5 million). Castor Maritime's SIR currently stands at 0.02. In other words for every 100,000 Castor Maritime shares traded daily on the market, roughly 20 shares are currently held short.

However Castor Maritime's short interest can also be evaluated against the total number of Castor Maritime shares, or, against the total number of tradable Castor Maritime shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Castor Maritime's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Castor Maritime shares in existence, roughly 0 shares are currently held short) or 0.0022% of the tradable shares (for every 100,000 tradable Castor Maritime shares, roughly 2 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Castor Maritime.

Find out more about how you can short Castor Maritime stock.

Castor Maritime share dividends

We're not expecting Castor Maritime to pay a dividend over the next 12 months.

Castor Maritime overview

Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. It provides seaborne transportation services for dry bulk cargo, including iron ore, coal, grains, steel products, fertilizers, cement, bauxite, sugar, and scrap metals. The company operates three Panamax vessels with a carrying capacity of approximately 76,122 deadweight ton. Castor Maritime Inc. was founded in 2016 and is based in Limassol, Cyprus.

Frequently asked questions

• What percentage of Castor Maritime is owned by insiders or institutions?

  Currently 0.954% of Castor Maritime shares are held by insiders and 13.899% by institutions.

• How many people work for Castor Maritime?

  Latest data suggests 1 work at Castor Maritime.

• When does the fiscal year end for Castor Maritime?

  Castor Maritime's fiscal year ends in December.

• Where is Castor Maritime based?

  Castor Maritime's address is: 223 Christodoulou Chatzipavlou street, Limassol, Cyprus, 3036

• What is Castor Maritime's ISIN number?

  Castor Maritime's international securities identification number is: MHY1146L1092

• What is Castor Maritime's CUSIP number?

  Castor Maritime's Committee on Uniform Securities Identification Procedures number is: Y1146L109