Stock That Is Worth Exploring Now: C3is Inc (NASDAQ: CISS)

C3is Inc (NASDAQ:CISS) does about 192.67K shares in volume on a normal day but saw 1400568 shares change hands in the recent trading day. The company now has a market cap of 5.83M USD. Its current market price is $0.57, marking a decrease of -22.08% compared to the previous close of $0.73. The 52 week high reached by this stock is $68.49 whilst the lowest price level in 52 weeks is $0.58.

C3is Inc (CISS) has a 20-day trading average at $0.6931 and the current price is -99.17% off the 52-week high compared with -1.11% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9220 and its 200-day simple moving average is $1.4603. If we look at the stock’s price movements over the week, volatility stands at 15.14%, which decreases to 8.83% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 32.71 to suggest the stock is neutral.

The current price level is -17.94%, -38.31%, and -61.05% away from its SMA20, SMA50, and SMA200 respectively, with the CISS price moving above the 50-day SMA on current market day. C3is Inc (CISS) stock is down -10.00% over the week and -25.16% over the past month. Its price is -98.93% year-to-date and -99.02% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 10.26M with insiders holding 20.41% of the shares and institutional holders owning 4.54% of the company’s common stock. The company has a return on investment of 3.76% and return on equity of 4.41%. The price to earnings ratio (P/E ratio) amounts to 0.01. The beta has a value of 1.85. Price to book ratio is 0.08 and price to sales ratio is 0.12.