C3is (NASDAQ:CISS) Posts Earnings Results

C3is (NASDAQ:CISS) announced its quarterly earnings results on Tuesday. The company reported $0.25 earnings per share for the quarter, Zacks reports. The company had revenue of $13.78 million during the quarter. C3is had a net margin of 32.33% and a return on equity of 21.16%.

C3is Price Performance

C3is stock opened at $0.03 on Friday. C3is has a one year low of $0.02 and a one year high of $20.00. The business’s fifty day moving average is $0.10 and its 200 day moving average is $0.33.

About C3is

C3is Inc provides 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.