Shares of Castor Maritime Inc. (NASDAQ:CTRM) traded at a new 52-week high today of $3.40. This new high was reached on below average trading volume as 8.6 million shares traded hands, while the average 30-day volume is approximately 98.6 million shares.
Castor Maritime Inc. (NASDAQ:CTRM) is currently priced 89.1% above its average consensus analyst price target of $0.35.
Castor Maritime Inc is a provider of seaborne transportation services for dry bulk cargo, including iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, scrap metal, among others. The company’s revenues are derived from time charter, bareboat charter and spot charter contracts.
In the past 52 weeks, Castor Maritime Inc. share prices are bracketed by a low of $0.11 and a high of $3.40 and is now at $3.19, 2,745% above that low price.
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