Castor Stock Analysis

CTRM -  USA Stock  

USD 2.08  0.07  3.26%

The new price hike of Castor Maritime could raise concerns from stakeholders as the firm it trading at a share price of 2.08 on 1,639,500 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in August. The stock standard deviation of daily returns for 90 days investing horizon is currently 94.4. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Castor Maritime partners.
Continue to Trending Equities.

Search Stock Analysis 

 
Refresh
The Castor Maritime stock analysis report makes it easy to digest most publicly released information about Castor Maritime and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Castor Stock analysis module also helps to analyze the Castor Maritime price relationship with some important fundamental indicators such as market cap and management efficiency.

Castor Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.85. Some equities with similar Price to Book (P/B) outperform the market in the long run. Castor Maritime recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. The firm had 10.00 - 1.00 split on the 28th of May 2021. Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. Castor Maritime Inc. was founded in 2016 and is based in Limassol, Cyprus. Castor Maritime operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 1 people. For more info on Castor Maritime please contact the company at 357 2 5357767 or go to http://www.castormaritime.com.

Castor Maritime Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Castor Maritime's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Castor Maritime or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Castor Maritime is way too risky over 90 days horizon
Castor Maritime appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 16.74 M. Net Loss for the year was (366.61 K) with profit before overhead, payroll, taxes, and interest of 4.59 M.
Castor Maritime currently holds about 62.34 M in cash with (2.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.88.
Castor Maritime has a frail financial position based on the latest SEC disclosures
Latest headline from www.equities.com: Castor Maritime Inc soared 373.28 percent for July 23 - Equities.com

Castor Maritime Upcoming and Recent Events

Earnings reports are used by Castor Maritime to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Castor Maritime previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report (could be delayed)3rd of March 2021
Next Fiscal Quarter End31st of December 2020

Castor Maritime SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Castor Maritime prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Castor Maritime investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Castor Maritime specific information freely available to individual and institutional investors to make a timely investment decision.

Castor Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 192.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Castor Maritime's market, we take the total number of its shares issued and multiply it by Castor Maritime's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Castor Profitablity

Castor Maritime's profitability indicators refer to fundamental financial ratios that showcase Castor Maritime's ability to generate income relative to its revenue or operating costs. If, let's say, Castor Maritime is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Castor Maritime's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Castor Maritime's profitability requires more research than a typical breakdown of Castor Maritime's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (2.19) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 8.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.08.
Last ReportedProjected for 2021
Return on Average Assets(0.029) (0.0297) 
Return on Average Equity(0.044) (0.0452) 
Return on Invested Capital 0.009  0.009237 
Return on Sales 0.037  0.0379 

Management Efficiency

The entity has return on total asset (ROA) of 0.67 % which means that it generated profit of $0.67 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (0.38) %, meaning that it created substantial loss on money invested by shareholders. Castor Maritime management efficiency ratios could be used to measure how well castor maritime manages its routine affairs as well as how well it operates its assets and liabilities. Castor Maritime Return on Invested Capital is relatively stable at the moment as compared to the past year. The company's current value of Return on Invested Capital is estimated at 0.009237. Return on Sales is expected to hike to 0.0379 this year, although the value of Return on Average Assets will most likely fall to (0.0297) . Castor Maritime Tangible Assets Book Value per Share are relatively stable at the moment as compared to the past year. The company's current value of Tangible Assets Book Value per Share is estimated at 11.27. Tangible Asset Value is expected to hike to about 80.2 M this year, although the value of Return on Average Assets will most likely fall to (0.0297) .
Last ReportedProjected for 2021
Book Value per Share 7.73  7.94 
Enterprise Value over EBIT 12.00  11.24 
Enterprise Value over EBITDA 2.26  2.34 
Price to Book Value 0.46  0.50 
Tangible Assets Book Value per Share 10.98  11.27 
Enterprise Value5.3 M5.4 M
Tangible Asset Value74.4 M80.2 M

Technical Drivers

As of the 30th of July, Castor Maritime shows the Mean Deviation of 22.41, downside deviation of 5.4, and Risk Adjusted Performance of 0.0927. Castor Maritime technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Castor Maritime, which can be compared to its rivals. Please confirm Castor Maritime variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Castor Maritime is priced correctly, providing market reflects its regular price of 2.08 per share. Please also double-check Castor Maritime total risk alpha, which is currently at 5.23 to validate the company can sustain itself at a future point.

Castor Maritime Price Movement Analysis

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Castor Maritime middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Castor Maritime. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Castor Maritime Predictive Daily Indicators

Castor Maritime intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Castor Maritime stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Castor Maritime Forecast Models

Castor Maritime time-series forecasting models is one of many Castor Maritime's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Castor Maritime's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Castor Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Castor Maritime stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Castor shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Castor Maritime. By using and applying Castor Stock analysis, traders can create a robust methodology for identifying Castor entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin 0.19  0.26 
Gross Margin 0.36  0.37 
Profit Margin(0.14) (0.14) 
Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. Castor Maritime Inc. was founded in 2016 and is based in Limassol, Cyprus. Castor Maritime operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 1 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Castor Maritime to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Fundamentals Comparison Now

   

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
All  Next Launch Module
Continue to Trending Equities. Note that the Castor Maritime information on this page should be used as a complementary analysis to other Castor Maritime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Castor Stock analysis

When running Castor Maritime price analysis, check to measure Castor Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Castor Maritime is operating at the current time. Most of Castor Maritime's value examination focuses on studying past and present price action to predict the probability of Castor Maritime's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Castor Maritime's price. Additionally, you may evaluate how the addition of Castor Maritime to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Castor Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine Castor Maritime value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.