C3is (NASDAQ:CISS) Posts Quarterly Earnings Results

C3is (NASDAQ:CISS) released its earnings results on Tuesday. The company reported ($0.76) earnings per share for the quarter, Zacks reports. C3is had a return on equity of 19.35% and a net margin of 5.74%.

C3is Stock Performance

Shares of NASDAQ:CISS traded up $0.02 during midday trading on Tuesday, reaching $0.75. 5,902 shares of the company’s stock were exchanged, compared to its average volume of 281,689. The firm has a market capitalization of $110,103.00, a PE ratio of 0.01 and a beta of 2.15. The company’s 50 day simple moving average is $1.17 and its two-hundred day simple moving average is $2.08. C3is has a 12 month low of $0.67 and a 12 month high of $24.23.

About C3is

C3is Inc offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil.