C3is (NASDAQ:CISS) Announces Quarterly Earnings Results

C3is (NASDAQ:CISS) released its earnings results on Tuesday. The company reported ($0.76) EPS for the quarter, Zacks reports. The firm had revenue of $9.41 million during the quarter. C3is had a net margin of 5.74% and a return on equity of 19.35%.

C3is Stock Performance

CISS stock opened at $0.72 on Thursday. The firm has a market capitalization of $105,840.00, a PE ratio of 0.01 and a beta of 2.15. C3is has a 1-year low of $0.67 and a 1-year high of $23.75. The business’s 50 day simple moving average is $1.12 and its 200 day simple moving average is $2.03.

C3is Company Profile

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.