Castor Maritime Inc. is a company that trades on the NASDAQ exchange under the symbol CTRM. Its stock price is currently 1.34, which is up 0.01 since the previous close at 1.33 and has a trading volume of 229708 per day, with an average volume of 637234.
The company’s market capitalization as of 3rd February 2023 stands at 126,777,529 USD, having decreased from 122,993,124 USD on 2nd February and 111,639,913 USD on 1st February. Additionally, its price average over the 50-day period is 1.2278 USD and over 200 days it’s 1.4165 USD.
Overall, Castor Maritime Inc.’s financial situation appears to be stable for now with a decreasing market capitalization but positive changes in its stock price over time. This indicates that investors are optimistic about its future prospects and believe that it will be able to sustain itself financially in the long run despite some short-term fluctuations in its market capitalization due to various external factors like economic uncertainty or political developments. The current P/E ratio (1.22) also suggests that the stock may remain in demand among investors in the near future as well.
