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How to buy Castor Maritime stock (CTRM)

Buy Castor Maritime stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Castor Maritime is a marine shipping business based in the US. Castor Maritime shares (CTRM) are listed on the NASDAQ and all prices are listed in US Dollars.

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  2. Open an account. Provide your personal information and sign up.
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  4. Search for the stock name – CTRM. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Castor Maritime stock price (NASDAQ: CTRM)

Use our graph to track the performance of CTRM stocks over time.

Castor Maritime shares at a glance

Information last updated 2024-09-02.
Latest market close$4.51
52-week range$2.86 - $6.50
50-day moving average $4.79
200-day moving average $4.30
Wall St. target priceN/A
PE ratio 1.5495
Dividend yield N/A (0%)
Earnings per share (TTM) $2.93

Is it a good time to buy Castor Maritime stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Castor Maritime price performance over time

Historical closes compared with the close of $4.51 from 2024-09-03

1 week (2024-08-29) -1.53%
1 month (2024-08-05) -1.96%
3 months (2024-06-05) -5.05%
6 months (2024-03-05) 924.77%
1 year (2023-09-05) 951.28%
2 years (2022-09-01) 236.57%
3 years (2021-09-03) 96.94%
5 years (2019-09-05) 47.39%

Is Castor Maritime stock undervalued or overvalued?

Valuing Castor Maritime stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Castor Maritime's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Castor Maritime's P/E ratio

Castor Maritime's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Castor Maritime shares trade at around 2x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Castor Maritime's EBITDA

Castor Maritime's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $31 million.

The EBITDA is a measure of a Castor Maritime's overall financial performance and is widely used to measure a its profitability.

Castor Maritime financials

Revenue TTM $84.4 million
Operating margin TTM 16.85%
Gross profit TTM $167.3 million
Return on assets TTM 1.57%
Return on equity TTM 13%
Profit margin 76.76%
Book value $52.14
Market Capitalization $43.9 million

TTM: trailing 12 months

Castor Maritime share dividends

We're not expecting Castor Maritime to pay a dividend over the next 12 months.

Have Castor Maritime's shares ever split?

Castor Maritime's shares were split on a 1:10 basis on 26 March 2024. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Castor Maritime shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Castor Maritime shares which in turn could have impacted Castor Maritime's share price.

Castor Maritime share price volatility

Over the last 12 months, Castor Maritime's shares have ranged in value from as little as $2.855 up to $6.5. A popular way to gauge a stock's volatility is its "beta".

CTRM.US volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Castor Maritime's is 0.886. This would suggest that Castor Maritime's shares are less volatile than average (for this exchange).

Castor Maritime overview

Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

Frequently asked questions

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What percentage of Castor Maritime is owned by institutions?
Currently 1.301% of Castor Maritime shares are held by institutions.
When does the fiscal year end for Castor Maritime?
Castor Maritime's fiscal year ends in December.
Where is Castor Maritime based?
Castor Maritime's address is: 223 Christodoulou Chatzipavlou Street, Limassol, Cyprus, 3036
What is Castor Maritime's ISIN number?
Castor Maritime's international securities identification number is: MHY1146L1258
What is Castor Maritime's CUSIP number?
Castor Maritime's Committee on Uniform Securities Identification Procedures number is: Y1146L109

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