Castor Maritime Inc

Company Profile

Castor Maritime Inc had its IPO on 2019-02-11 under the ticker symbol CTRM.

The company operates in the Industrials sector and Marine Shipping industry. Castor Maritime Inc has a staff strength of 1 employees.

Stock update

Shares of Castor Maritime Inc opened at $0.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.39 - $0.4, and closed at $0.4.

This is a +0.73% increase from the previous day's closing price.

A total volume of 218,193 shares were traded at the close of the day’s session.

In the last one week, shares of Castor Maritime Inc have slipped by -5.25%.

Castor Maritime Inc's Key Ratios

Castor Maritime Inc has a market cap of $43.04 million, indicating a price to book ratio of 0.2764 and a price to sales ratio of 0.4416.

In the last 12-months Castor Maritime Inc’s revenue was $248.76 million with a gross profit of $167.32 million and an EBITDA of $132.83 million. The EBITDA ratio measures Castor Maritime Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Castor Maritime Inc’s operating margin was 42.91% while its return on assets stood at 12.1% with a return of equity of 23.48%.

In Q4, Castor Maritime Inc’s quarterly earnings growth was a negative -45.8% while revenue growth was a negative 35.3%.

Castor Maritime Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0.5111

PEG

Its diluted EPS in the last 12-months stands at $0.89 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Castor Maritime Inc’s profitability.

Castor Maritime Inc stock is trading at a EV to sales ratio of 0.4809 and a EV to EBITDA ratio of 0.8367. Its price to sales ratio in the trailing 12-months stood at 0.4416.

Castor Maritime Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$573.32 million

Total Liabilities

$42.45 million

Operating Cash Flow

$0

Capital Expenditure

$52.73 million

Dividend Payout Ratio

0%

Castor Maritime Inc ended 2024 with $573.32 million in total assets and $0 in total liabilities. Its intangible assets were valued at $573.32 million while shareholder equity stood at $434.40 million.

Castor Maritime Inc ended 2024 with $0 in deferred long-term liabilities, $42.45 million in other current liabilities, 94610.00 in common stock, $168.57 million in retained earnings and $0 in goodwill. Its cash balance stood at $63.09 million and cash and short-term investments were $63.09 million. The company’s total short-term debt was $24,144,747 while long-term debt stood at $96.46 million.

Castor Maritime Inc’s total current assets stands at $117.83 million while long-term investments were $117.32 million and short-term investments were $0. Its net receivables were $3.53 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Castor Maritime Inc's operating cash flow was $0 while its capital expenditure stood at $52.73 million.

Comparatively, Castor Maritime Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.4

52-Week High

$1.91

52-Week Low

$0.425

Analyst Target Price

$

Castor Maritime Inc stock is currently trading at $0.4 per share. It touched a 52-week high of $1.91 and a 52-week low of $1.91. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.45 and 200-day moving average was $0.81 The short ratio stood at 3.71 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 205.6% are held by institutions.