Castor Stock Today

CTRM -  USA Stock  

USD 1.93  0.09  4.46%

Market Performance
5 of 100
Odds Of Distress
Less than 11
Castor Maritime is selling for 1.93 as of the 21st of May 2022. This is a -4.46% down since the beginning of the trading day. The stock's lowest day price was 1.89. Castor Maritime has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Castor Maritime are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of April 2022 and ending today, the 21st of May 2022. Click here to learn more.
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. The company has 94.61 M outstanding shares of which 2.98 M shares are currently shorted by private and institutional investors with about 1.39 trading days to cover. More on Castor Maritime
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Castor Maritime Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Castor Maritime's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Castor Maritime or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Castor Maritime has very high historical volatility over the last 90 days
Castor Maritime may become a speculative penny stock
Latest headline from simplywall.st: Castor Maritime Is Doing The Right Things To Multiply Its Share Price - Simply Wall St
Castor Maritime Fama & French Transportation
Transportation
Fama & French Classification
Castor Maritime SEC Filings
Castor Maritime SEC Filings Security & Exchange Commission EDGAR Reports
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Castor Maritime based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Castor Maritime financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares90.5 M83.9 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted92.1 M85.3 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations65.6 M60.8 M
Significantly Up
Increasing
Slightly volatile
Total Assets499.5 M462.9 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities129.5 M120 M
Significantly Up
Increasing
Slightly volatile
Current Assets59.3 M55 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities36.7 M34 M
Significantly Up
Increasing
Slightly volatile
Total Debt110.1 M102 M
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.120.11
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.590.605
Fairly Down
Increasing
Slightly volatile
Asset Turnover0.330.359
Significantly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Castor Maritime's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Castor Maritime's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Castor Maritime's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Castor Maritime's financial leverage. It provides some insight into what part of Castor Maritime's total assets is financed by creditors.
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Castor Maritime's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Castor Maritime deploys its capital and how much of that capital is borrowed.
Liquidity
Castor Maritime cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 82.44 M in liabilities with Debt to Equity (D/E) ratio of 0.25, which may suggest the company is not taking enough advantage from borrowing. Castor Maritime has a current ratio of 1.81, which is within standard range for the sector. Debt can assist Castor Maritime until it has trouble settling it off, either with new capital or with free cash flow. So, Castor Maritime's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Castor Maritime sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Castor to invest in growth at high rates of return. When we think about Castor Maritime's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

65.57 MillionShare
Castor Maritime (CTRM) is traded on NASDAQ Exchange in USA. It is located in 223 Christodoulou Chatzipavlou street and employs 1 people. Castor Maritime is listed under Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 179.76 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 Maritime conducts business under Industrials sector and is part of Marine Shipping industry. The entity has 94.61 M outstanding shares of which 2.98 M shares are currently shorted by private and institutional investors with about 1.39 trading days to cover. Castor Maritime currently holds about 36.29 M in cash with 26.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check Castor Maritime Probability Of Bankruptcy
Ownership
Castor Maritime holds a total of ninety-four million six hundred ten thousand outstanding shares. Almost 95.0 percent of Castor Maritime outstanding shares are held by regular investors with 1.18 (percent) owned by insiders and only 4.26 % by other corporate entities. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Castor Ownership Details

Castor Stock Price Odds Analysis

What are Castor Maritime's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Castor Maritime jumping above the current price in 90 days from now is about 34.46%. The Castor Maritime probability density function shows the probability of Castor Maritime stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Castor Maritime has a beta of 0.6742 suggesting as returns on the market go up, Castor Maritime average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Castor Maritime will be expected to be much smaller as well. Additionally, the company has an alpha of 0.3644, implying that it can generate a 0.36 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 1.93HorizonTargetOdds Above 1.93
65.41%90 days
 1.93 
34.46%
Based on a normal probability distribution, the odds of Castor Maritime to move above the current price in 90 days from now is about 34.46 (This Castor Maritime probability density function shows the probability of Castor Stock to fall within a particular range of prices over 90 days) .

Castor Maritime Historical Income Statement

Castor Maritime Income Statement is one of the three primary financial statements used for reporting Castor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Castor Maritime revenue and expense. Castor Maritime Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Castor Maritime Net Income is relatively stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 56.4 Million. Net Income Common Stock is expected to hike to about 43.7 M this year, although the value of Interest Expense will most likely fall to nearly 2.3 M. View More Fundamentals

Castor Stock Against Markets

Picking the right benchmark for Castor Maritime stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Castor Maritime stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Castor Maritime is critical whether you are bullish or bearish towards Castor Maritime at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Castor Maritime without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Castor Maritime

You need to understand the risk of investing before taking a position in Castor Maritime. The danger of trading Castor Maritime is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Castor Maritime is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Castor Maritime. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Castor Maritime is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.
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Is Castor Maritime's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Castor Maritime. If investors know Castor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Castor Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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's underlying business (such as a 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.