$Castor Maritime, Inc.(CTRM)$

2021-03-15

$Castor Maritime, Inc.(CTRM)$ Aggressive expansion of Fleet using cash on hand. Revenue will definitely increase in the coming years. But one thing to take note of would be the shipping industry pace in recovery. Overuse of capital might cripple the company's risk margins. For now, recommend Hold. Buy if it dips to 0.8x

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