C3is (NASDAQ:CISS) Announces Quarterly Earnings Results

C3is (NASDAQ:CISS) posted its quarterly earnings data on Thursday. The company reported $0.63 earnings per share (EPS) for the quarter, Zacks reports. C3is had a net margin of 32.12% and a return on equity of 22.99%. The firm had revenue of $10.83 million for the quarter.

C3is Price Performance

CISS opened at $1.37 on Friday. C3is has a fifty-two week low of $1.11 and a fifty-two week high of $69.88. The company’s 50-day moving average is $1.35 and its 200 day moving average is $3.49. The firm has a market capitalization of $500,955.00, a P/E ratio of 0.05 and a beta of 2.89.

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.