Castor Maritime shares soar on Nasdaq after quarterly report

Castor Maritime

04/06/2019 14:27

** Shares in Castor Maritime  CTRM.O  soared more than 100%
in premarket trade on Tues after the co issued its first qtrly
report since listing on Nasdaq Feb 11
    ** The low-float stock was last trading up 102% at $8.71 in
premarket trade after closing at $4.31 on Mon
    ** Castor reported late Mon that for the six months ended
Mar 31, voyage revenues increased 20% to $2.04 mln from $1.70
mln. EBITDA was $0.67 mln, compared to $0.44 mln in the same
period of 2018  urn:newsml:reuters.com:*:nGNX27WqVJ
    ** It said the daily TCE of its sole fleet vessel for the
six months ended Mar 31, 2019 stood at $10,843 compared with
$10,761 in the year-ago qtr. Average daily OPEX of the vessel
was $4,956, down 5.6% 



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