C3is Inc (NASDAQ: CISS) is -59.12% lower on its value in year-to-date trading and has touched a low of $2.85 and a high of $23.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CISS stock was last observed hovering at around $3.84 in the last trading session, with the day’s loss setting it -0.34%.
Currently trading at $3.50, the stock is -4.45% and -5.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing -8.85% at the moment leaves the stock -62.33% off its SMA200. CISS registered -82.84% loss for a year compared to 6-month loss of -67.60%.
The stock witnessed a -2.78% gain in the last 1 month and extending the period to 3 months gives it a -16.06%, and is -4.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.67% over the week and 6.08% over the month.
Profit margin for the company is 1.02%. Distance from 52-week low is 22.81% and -84.95% from its 52-week high. The company has generated returns on investments over the last 12 months (0.49%).
The shares outstanding are 1.77M, and float is at 0.63M with Short Float at 15.42%.
