Castor Maritime Inc. (CTRM) Vs. The Alkaline Water Company Inc. (WTER): Which Is Riskier?

Castor Maritime Inc. (NASDAQ: CTRM) shares are -90.50% down in the year-to-date (YTD) period and have moved -4.72% or $0.0 lower in the latest trading session. However, stock’s trailing 12-month performance remains nearly +25.57% lower. Comparatively, the stock is -93.24% down YTD and -74.03% over the trailing 3-month period. If we look at the shorter duration, its week performance is 18.78% and -13.82% over the month.

Analyst Recommendations

0 recommend buying, with 0 rating it as an Overweight.

The Alkaline Water Company Inc. (NASDAQ:WTER), on the other hand, is trading around $1.49 with a market cap of $99.29M and analyst research firms have a positive stance on its shares. Analysts predict that the stock will reach $2.50 and spell out a more modest performance – a 40.4% return. Some analysts are even forecasting -$0.15 per share in earnings this year on a short term (1 year) basis.

Let us briefly look at the The Alkaline Water Company Inc. (WTER) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.

Company balance sheet and cash flow

WTER’s operating margin was negative on the trailing 12 months basis, remaining steady at -27.10%, while the operating expenses over the recent quarter were at $9.05 million. This represented a 36.35% of the company’s total revenues which amounted $14.22 million. With this in place, we can see that the company’s diluted EPS declined -$0.05 on the year-over-year period, shrinking to -$0.12 as given in the last earnings report.

In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $16.27 million from $15.61 million over the previous quarter. The cash flow from operating activities totaled -$1.41 million, significantly higher than the -$2.75 million reported in the year-ago quarter. The company’s free cash flow for the quarter was -$1.47 million.

Insider activity

Insiders have transacted a total of 1 times at The Alkaline Water Company Inc. over the last 6 months, with insider purchases undertaken 1 times and accounting for 25,000 shares. Insider sales totaled 0 shares over the same period, with these deals completed in 0 transactions. Looking at these numbers, we realize that net purchases over that period are 1.0 shares. Insiders now hold a total of 7.95M shares after the latest sales, with 46.50% net shares purchased.

Major holders

Insiders own 8.80% of the company shares, while shares held by institutions stand at 6.10% with a share float percentage of 41.26M. Investors are also buoyed by the number of investors in a company, with The Alkaline Water Company Inc. having a total of 32 institutions that hold shares in the company.