C3is (NASDAQ:CISS) Announces Quarterly Earnings Results

C3is (NASDAQ:CISS) announced its earnings results on Tuesday. The company reported ($8.78) earnings per share (EPS) for the quarter, RTT News reports. C3is had a net margin of 3.62% and a return on equity of 7.94%.

C3is Price Performance

CISS traded down $0.07 during trading on Tuesday, hitting $2.94. 22,049 shares of the stock traded hands, compared to its average volume of 67,512. The firm has a market capitalization of $2.09 million, a P/E ratio of -0.06 and a beta of 1.70. The firm has a 50-day moving average of $3.30 and a 200 day moving average of $3.80. C3is has a 12-month low of $2.81 and a 12-month high of $18.89.

About C3is

C3is Inc offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil.