Castor Maritime Inc. is a NASDAQ listed company with its symbol ‘CTRM’. The company has recently seen an increase in its stock price, currently trading at 1.3 USD with a change of 0.02 and a 1.5625 % changes percentage from the previous close of 1.28 USD. The market capitalization of the company stands at 123 mln USD with 946 mln shares outstanding. Its fifty and two hundred day average prices are respectively 1.2176 and 1.4103 USD, while its year high and low prices were 2.45 and 1.04 USD respectively, making it seem like the company’s financial condition is improving as of now.
The revenue data reveals that Castor Maritime had total revenue of 70 mln USD on 23rd November 2022 while earning 0 revenue in both August 2022 and February 2023, whereas it earned 54 mln USD on 9th May 2022 with estimated EPS 0f 0.21 for the fiscal quarter ending 31st March 2022 . This demonstrates that the financial situation of the company is highly volatile, although there seems to be an overall increase in the revenues over time suggesting that things are looking up for Castor Maritime Inc..
