C3is Inc (NASDAQ: CISS) has a higher price-to-earnings ratio of 0.01x compared to its average ratio. CISS has 36-month beta value of 2.07.
The public float for CISS is 8.18M, and currently, short sellers hold a 0.93% ratio of that float. The average trading volume of CISS on December 27, 2024 was 190.02K shares.
CISS) stock’s latest price update
C3is Inc (NASDAQ: CISS) has experienced a rise in its stock price by 18.55 compared to its previous closing price of 0.60. However, the company has seen a gain of 14.91% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-18 that C3is Inc. (NASDAQ:CISS ) Q3 2024 Earnings Conference Call November 18, 2024 11:00 AM ET Company Participants Diamantis Andriotis – Chief Executive Officer Nina Pyndiah – Chief Financial Officer Operator Good day and thank you for standing by. Welcome to the C3is Third Quarter 2024 Earnings Conference Call.
CISS’s Market Performance
CISS’s stock has risen by 14.91% in the past week, with a monthly drop of -15.32% and a quarterly drop of -35.34%. The volatility ratio for the week is 9.84% while the volatility levels for the last 30 days are 7.84% for C3is Inc The simple moving average for the past 20 days is 0.83% for CISS’s stock, with a -53.76% simple moving average for the past 200 days.
CISS Trading at -24.72% from the 50-Day Moving Average
After a stumble in the market that brought CISS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.96% of loss for the given period.
Volatility was left at 7.84%, however, over the last 30 days, the volatility rate increased by 9.84%, as shares sank -13.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.21% lower at present.
During the last 5 trading sessions, CISS rose by +14.91%, which changed the moving average for the period of 200-days by -92.10% in comparison to the 20-day moving average, which settled at $0.7054. In addition, C3is Inc saw -98.66% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CISS
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.39 for the gross margin
The net margin for C3is Inc stands at 0.06. The total capital return value is set at 0.19. Equity return is now at value 4.41, with 2.81 for asset returns.
Currently, EBITDA for the company is 14.76 million with net debt to EBITDA at -0.69. When we switch over and look at the enterprise to sales, we see a ratio of -0.01. The receivables turnover for the company is 9.96for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
To put it simply, C3is Inc (CISS) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
