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C3is Inc. Announces Reverse Stock Split
Globe Newswire (Thu, 23-Apr 8:30 AM ET)
Market Chameleon (Thu, 19-Feb 5:32 AM ET)
C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including national and private industrial users, commodity producers, and traders. The company owns and operates a fleet of two dry bulk carriers that transport bulk commodities such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers.
C3is trades on the NASDAQ stock market under the symbol CISS.
As of June 12, 2026, CISS stock price declined to $2.08 with 431,270 million shares trading.
CISS has a beta of 4.21, meaning it tends to be more sensitive to market movements. CISS has a correlation of 0.05 to the broad based SPY ETF.
CISS has a market cap of $1.13 million. This is considered a Sub-Micro Cap stock.
CISS has underperformed the market in the last year with a price return of -99.6% while the SPY ETF gained +24.1%. CISS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -73.2% and -8.8%, respectively, while the SPY returned +11.6% and -1.9%, respectively.
CISS support price is $2.04 and resistance is $2.50 (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.