With 0.78 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.39 million shares. The 52-week range on CMTG shows that it touched its highest point at $9.75 and its lowest point at $2.13 during that stretch. It currently has a 1-year price target of $3.00. With its current market cap of 338.64 million, CMTG has annualized dividend of $0.35 while the current yield stands at 14.40%. Beta for the stock currently stands at 1.18.
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 CMTG was down-trending over the past week, with a drop of -9.67%, but this was down by -11.64% over a month. Three-month performance dropped to -26.14% while six-month performance fell -63.40%. The stock lost -71.32% in the past year, while it has lost -46.24% so far this year. A look at the trailing 12-month EPS for CMTG yields -1.77 with Next year EPS estimates of 0.05. For the next quarter, that number is -0.09. This implies an EPS growth rate of 39.36% for this year and 112.40% for next year.
Float and Shares Shorts:
At present, 139.36 million CMTG shares are outstanding with a float of 112.37 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMTG since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.0072114 being high and -$0.01116537 being low. For CMTG, this leads to a yearly average estimate of -$0.008908.
