With 26.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.71 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $1.08 whereas the lowest price it dropped to was $0.8226. The 52-week range on CTM shows that it touched its highest point at $2.83 and its lowest point at $0.12 during that stretch. It currently has a 1-year price target of $1.15. Beta for the stock currently stands at -2.87.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CTM was down-trending over the past week, with a drop of -42.84%, but this was up by 186.66% over a month. Three-month performance surged to 391.06% while six-month performance rose 281.91%. The stock gained 198.15% in the past year, while it has lost -57.99% so far this year.
Float and Shares Shorts:
At present, 56.11 million CTM shares are outstanding with a float of 36.23 million shares on hand for trading. On 2024-10-31, short shares totaled 0.1 million, which was 18.000000999999997 higher than short shares on 1727654400. In addition to Mr. Glen R. Ives as the firm’s Chief Executive Officer, Mr. Jay Oscar Wright serves as its Vice Chair, General Counsel, Secretary,Treasurer & Chief Strategy Officer.
Institutional Ownership:
Through their ownership of 0.0269 of CTM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CTM reported revenue of $11608691.0 and operating income of -$1383097.0. The EBITDA in the recently reported quarter was -$880807.0 and diluted EPS was -$0.02.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
Analysts have provided yearly estimates in a range of -$0.08 being high and -$0.08 being low. For CTM, this leads to a yearly average estimate of -$0.08. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
