C3is Inc [NASDAQ: CISS] gained 3.32% on the last trading session, reaching $0.03 price per share at the time. The company report on March 21, 2024 at 9:18 AM that C3is Inc. announces the date for the release of the fourth quarter and twelve months 2023 financial and operating results.
On March 26th, 2024, at 11:00 am ET, the company’s management will host a conference call to present the results and the company’s operations and outlook.
If compared to the average trading volume of 16.08M shares, CISS reached a trading volume of 33439139 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about C3is Inc [CISS]:
The Average True Range (ATR) for C3is Inc is set at 0.01 The Price to Book ratio for the last quarter was 0.00, with the Price to Cash per share for the same quarter was set at 0.32.
Trading performance analysis for CISS stock
C3is Inc [CISS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.89. With this latest performance, CISS shares dropped by -73.51% in over the last four-week period, additionally sinking by -92.67% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CISS stock in for the last two-week period is set at 18.39, with the RSI for the last a single of trading hit 11.29, and the three-weeks RSI is set at 24.77 for C3is Inc [CISS]. The present Moving Average for the last 50 days of trading for this stock 0.1396, while it was recorded at 0.0301 for the last single week of trading.
C3is Inc [CISS]: A deeper dive into fundamental analysis
C3is Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.35.
An analysis of Institutional ownership at C3is Inc [CISS]
The top three institutional holders of CISS stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in CISS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in CISS stock with ownership which is approximately 5.8325%.
