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CMRE
Stock ticker: NYSE
AS OF
Dec 24 closing price
Price
$12.92
Change
+$0.10 (+0.78%)
Capitalization
1.55B

CMRE stock forecast, quote, news & analysis

CMRE
Daily Signalchanged days ago
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published price charts
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a Summary for CMRE with price predictions
Dec 24, 2024

CMRE in downward trend: 10-day moving average broke below 50-day moving average on November 25, 2024

The 10-day moving average for CMRE crossed bearishly below the 50-day moving average on November 25, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CMRE as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

CMRE moved below its 50-day moving average on November 21, 2024 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for CMRE moved below the 200-day moving average on December 23, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CMRE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CMRE entered a downward trend on December 24, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CMRE's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where CMRE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CMRE just turned positive on December 24, 2024. Looking at past instances where CMRE's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CMRE advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .

CMRE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating for company is (best 1 - 100 worst), which means the company is slightly undervalued. The valuation of the company is based on a proprietary formula which takes into account a set of fundamentals and gives us an estimate of the price per share for the company. We then compare this estimate with the current price per share. As a result, this company is rated as undervalued in the industry. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.621) is normal, around the industry mean (2.222). P/E Ratio (4.292) is within average values for comparable stocks, (21.120). CMRE's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.460). Dividend Yield (0.036) settles around the average of (0.090) among similar stocks. P/S Ratio (0.756) is also within normal values, averaging (1.707).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CMRE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

A.I.Advisor
published Dividends

CMRE paid dividends on November 06, 2024

Costamare CMRE Stock Dividends
А dividend of $0.12 per share was paid with a record date of November 06, 2024, and an ex-dividend date of October 21, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nordic American Tanker (NYSE:NAT).

Industry description

The marine shipping industry provides passenger transportation or cargo shipping services via waterways. This industry includes freight towage, ferry services and warehousing on deep-sea and inland waterways. The aviation sector may have reduced the popularity of sea travel for several passengers, but it is still in demand for short trips and pleasure cruises. Teekay Offshore Partners L.P. Cum Red Perp Pfd., Kirby Corporation and Seaspan Corporation are some of the well-known names in the business.

Market Cap

The average market capitalization across the Marine Shipping Industry is 4.74B. The market cap for tickers in the group ranges from 1.87K to 31.33B. CICOY holds the highest valuation in this group at 31.33B. The lowest valued company is PRGNF at 1.87K.

High and low price notable news

The average weekly price growth across all stocks in the Marine Shipping Industry was 0%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -13%. HUPHY experienced the highest price growth at 26%, while BSEAF experienced the biggest fall at -19%.

Volume

The average weekly volume growth across all stocks in the Marine Shipping Industry was -51%. For the same stocks of the Industry, the average monthly volume growth was -39% and the average quarterly volume growth was -8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 26
P/E Growth Rating: 62
Price Growth Rating: 68
SMR Rating: 63
Profit Risk Rating: 72
Seasonality Score: 33 (-100 ... +100)
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CMRE
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published General Information

General Information

a provider of containerships for charter

Industry MarineShipping

Profile
Fundamentals
Details
Industry
Marine Shipping
Address
7 Rue du Gabian
Phone
+377 93250940
Employees
2750
Web
https://www.costamare.com