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Costamare (CMRE) Is Attractively Priced Despite Fast-paced Momentum
CMRECostamare(CMRE) Zacks Investment Research·2024-05-14 13:51

Investors' growing interest in a stock is reflected in its recent price increase. A price change of 20.7% over the past four weeks positions the stock of this shipping company well in this regard. While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. CMRE meets this criterion too, as the stock gained 19.8% over the past 12 weeks. Moreover, the momentum for CMRE is fast paced, as the stock currently has a beta of 1.32 ...