Extremely significant negative changes in Costamare Inc (NYSE: CMRE) investment behavior have recently occurred: its longer term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
Marginal negative changes in Costamare Inc (NYSE: CMRE) fundamentals have recently occurred: the stock’s power rating fell below 50.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Costamare has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Costamare has a very high Appreciation Score of 97 but a very low Power Rating of 9, resulting in the Neutral Value Trend Rating.
Recent Price Action
On 2/5/25, Costamare Inc (NYSE: CMRE) stock declined modestly by -2.0%, closing at $11.46. Moreover, exceptionally high trading volume at 205% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -1.2% during the last week.
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