C3is (NASDAQ:CISS – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.58) earnings per share (EPS) for the quarter, Zacks reports. C3is had a net margin of 20.51% and a return on equity of 5.41%.
C3is Stock Performance
Shares of C3is stock traded down $0.04 on Tuesday, reaching $1.65. The stock had a trading volume of 8,822 shares, compared to its average volume of 567,740. C3is has a fifty-two week low of $1.57 and a fifty-two week high of $15.75. The business’s 50-day moving average price is $2.19 and its two-hundred day moving average price is $2.99. The stock has a market cap of $2.93 million, a P/E ratio of -0.09 and a beta of 1.64.
Hedge Funds Weigh In On C3is
An institutional investor recently bought a new position in C3is stock. Citadel Advisors LLC bought a new stake in shares of C3is Inc. (NASDAQ:CISS – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 13,221 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned 0.74% of C3is as of its most recent SEC filing. 10.54% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on C3is
C3is Company Profile
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.
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