The price of CMRE is predicted to go up 20.94%, based on the high correlation periods with CRTO. The similarity of these two price pattern on the periods is 92.55%.

CMRE

CRTO

Up: 20.94%Similarity: 92.55%

CMRE Revenue Forecast

CMRE EPS Forecast

CMRE FAQs

What is bull’s view on CMRE?

CMRE stock is currently trading at $11.66, near its 52-week low of $10.135, with an RSI of 28.8 indicating oversold conditions, which could present a buying opportunity. The stock's Forward P/E ratio of 4.22 suggests it is undervalued compared to its industry average, and its dividend yield of approximately 4% adds to its appeal for income-focused investors. However, recent underperformance (-8.24% in the past month) and a Zacks Rank of #3 (Hold) imply cautious optimism, with potential upside if market sentiment improves.

What is bear's view on CMRE?

CMRE stock is currently trading at $11.50, near its 52-week low of $10.135, with an RSI of 28.8 indicating oversold conditions, which may suggest a potential rebound. However, the stock has underperformed recently, dropping 8.24% in the past month, and its Zacks Rank of #3 (Hold) reflects a neutral outlook. Despite its undervalued Forward P/E of 4.22 compared to the industry average of 7.9, weak sector performance and declining EPS estimates (-2.94% YoY) suggest limited near-term upside.