C3is (NASDAQ:CISS) Releases Earnings Results

C3is (NASDAQ:CISS) announced its earnings results on Tuesday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $13.78 million during the quarter.

C3is Stock Performance

Shares of NASDAQ CISS traded down $0.01 during mid-day trading on Wednesday, reaching $0.04. 34,283,189 shares of the company traded hands, compared to its average volume of 28,139,303. C3is has a fifty-two week low of $0.02 and a fifty-two week high of $20.00. The company’s fifty day moving average is $0.12 and its two-hundred day moving average is $0.34.

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.