Squarepoint Ops LLC Grows Stock Holdings in Castor Maritime Inc. (NASDAQ:CTRM)

Squarepoint Ops LLC boosted its position in Castor Maritime Inc. (NASDAQ:CTRM) by 106.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 28,373 shares of the company’s stock after acquiring an additional 14,602 shares during the period. Squarepoint Ops LLC owned about 0.29% of Castor Maritime worth $78,000 at the end of the most recent reporting period.

Separately, Towerview LLC grew its stake in shares of Castor Maritime by 1,820.0% during the 4th quarter. Towerview LLC now owns 240,000 shares of the company’s stock valued at $660,000 after buying an additional 227,500 shares during the period. Institutional investors own 1.08% of the company’s stock.

Castor Maritime Stock Up 1.8%

Shares of NASDAQ CTRM opened at $2.30 on Tuesday. Castor Maritime Inc. has a 52-week low of $1.98 and a 52-week high of $5.49. The firm has a fifty day moving average of $2.21 and a 200-day moving average of $2.58. The stock has a market capitalization of $22.22 million, a PE ratio of 0.69 and a beta of 0.75.

Castor Maritime (NASDAQ:CTRM) last posted its earnings results on Wednesday, May 14th. The company reported ($1.24) earnings per share for the quarter. Castor Maritime had a net margin of 95.54% and a return on equity of 13.09%.

About Castor Maritime

Castor Maritime Inc provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels.