C3is Inc (NASDAQ:CISS) shares, rose in value, with the stock price down by -0.74% to the previous day’s close as strong demand from buyers drove the stock to $1.35.
Actively observing the price movement in the last trading, the stock closed the session at $1.36. The PE ratio was 0.01 over 12-month period. Referring to stock’s 52-week performance, its high was $2000.00, and the low was $1.11. On the whole, CISS has fluctuated by -64.66% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CISS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of CISS currently trading nearly -50.51% and -77.56% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 29.00, while the 7-day volatility ratio is showing 15.68% which for the 30-day chart, stands at 24.41%. Furthermore, C3is Inc (CISS)’s average true range (ATR) is 0.72.
Data on historical trading for C3is Inc (NASDAQ:CISS) indicates that the trading volumes over the past 3 months, they’ve averaged 1.13 million. According to company’s latest data on outstanding shares, there are 1.64 million shares outstanding.
Nearly 0.53% of C3is Inc’s shares belong to company insiders and institutional investors own 7.67% of the company’s shares. The stock has fallen by -97.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CISS stock heading into the next quarter.
