Technical Indicators and Signals
The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Costamare Inc. (NYSE:CMRE) for the period of 9-Day stands at 39.26% while the stochastic %D for the same period stands at 44.91%.
The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Costamare Inc. (NYSE:CMRE) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.
Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Costamare Inc. (NYSE:CMRE) while 20-100 Day MACD Oscillator indicates “Sell”.
Bollinger band is a volatility indicator of a certain security, currently Costamare Inc. (NYSE:CMRE)’s 20-Day Bollinger Band indicates “Hold”.
Costamare Inc. operates as a containership owner chartering its vessels to liner companies. The Company deploys its containership fleet principally under multi-year time charters with leading liner companies that operate regularly scheduled routes between large commercial ports. It also provides a range of shipping services, such as technical support and maintenance, insurance consulting, financial and accounting services. Costamare Inc. is headquartered in Athens, Greece.
Previous Day Activity Analysis
On the last trading day, Costamare Inc. (NYSE:CMRE) opened the session at $6.15 and after going up 1.63% closed at $6.24. The stock gained 0.09 points in the last trade.
Costamare Inc. (NYSE:CMRE)’s stock fluctuated in the range of $6.15 and $6.43 during the previous active session. Costamare Inc. (NYSE:CMRE) traded with the volume of 766192 with average volume of 644.76 Million. The stock has LOW volatility on the last trading session.
Currently the Beta for the company remains at 2.16 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.17 and 53.43 respectively.
Currently the Insider Ownership of the shares of Costamare Inc. (NYSE:CMRE) is at 77.9% and the shares outstanding are 110.39 Million.
Important Ratio Analysis
Some important ratios to consider here for Costamare Inc. (NYSE:CMRE) are discussed below:
Dividend yield of Costamare Inc. (NYSE:CMRE) stands at 6.41% whereas Price to Earnings P/E ratio stands at 16.38 while Forward P/E shows the value of 9.22.
The PEG ratio (Price to Earning to Growth) emits the value of 3.28. The Price to Sale P/S and Price to Book P/B shows the value of 1.57 and 0.5 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.53 and 3.35 correspondingly.
The Quick Ratio of Costamare Inc. (NYSE:CMRE) stands at 0.9 while the Current Ratio depicts the value of 0.9.
Return on Assets ROA of Costamare Inc. (NYSE:CMRE) is at 1.4% whereas, Return on Equity ROE and Return of Investment ROI of Costamare Inc. (NYSE:CMRE) stand at 3.2% and 6.7% respectively.
The payout ratio of Costamare Inc. (NYSE:CMRE) stands at 105.1%.
Stock Performance Analysis
The stock performance of Costamare Inc. (NYSE:CMRE) on the basis of 5 day trade show the jump of 1.3% whereas, the monthly performance of the stock shows increase of 0.97%.
The quarterly performance of the stock remained in red zone with the value of -10.86% while six month performance of the shares of Costamare Inc. (NYSE:CMRE) remained bearish with the count of -7.28%.
The yearly and YTD performance of Costamare Inc. (NYSE:CMRE) remained mix at -15.56% and 11.43% respectively.