Is Castor Maritime, Inc. technically bullish or bearish?
2025-09-20 20:07:00As of 5 September 2025, the technical trend for Castor Maritime, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the weekly KST and Dow Theory both showing bearish signals. The daily moving averages are also mildly bearish, while the weekly MACD remains mildly bullish, suggesting some conflicting signals. The monthly RSI is bullish, but overall, the indicators lean towards a bearish outlook. In terms of performance, the stock has underperformed significantly compared to the S&P 500, with a year-to-date return of -19.27% versus the S&P 500's 12.22%, and a one-year return of -47.64% compared to the S&P 500's 17.14%....
Read MoreIs Castor Maritime, Inc. overvalued or undervalued?
2025-09-20 18:39:37As of 12 May 2025, the valuation grade for Castor Maritime, Inc. has moved from expensive to risky, indicating a shift in perception regarding its market position. The company is currently considered overvalued based on its financial metrics. Key ratios include a P/E ratio of 1, a price-to-book value of 0.04, and an EV to EBITDA ratio of 6.70, which suggest that the company's valuation does not align well with its financial performance. In comparison to peers, Castor Maritime's P/E ratio of 1.2079 is significantly lower than Euroseas Ltd.'s very attractive P/E of 3.7976 and Grindrod Shipping Holdings Ltd.'s risky P/E of -35.5812, highlighting its relative underperformance. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -19.27%, contrasting sharply with the S&P 500's return of 12.22% over the same period, reinforcing the notion that Castor Maritime is not c...
Read More





