CISS Stock Summary and Trading Ideas (C3is | NASDAQ:CISS)

C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including major national and private industrial users, commodity producers and traders. The company owns and operates a fleet of two dry bulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. The total cargo-carrying capacity of our fleet is approximately 64,000 dwt.

C3is trades on the NASDAQ stock market under the symbol CISS.

As of December 13, 2024, CISS stock price declined to $0.72 with 41,138 million shares trading.

CISS has a beta of 2.30, meaning it tends to be more sensitive to market movements. CISS has a correlation of 0.02 to the broad based SPY ETF.

CISS has a market cap of $4.19 million. This is considered a Sub-Micro Cap stock.

CISS has underperformed the market in the last year with a price return of -98.5% while the SPY ETF gained +31.7%. CISS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -39.5% and -5.3%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

CISS support price is $.69 and resistance is $.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CISS shares will trade within this expected range on the day.