Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Costamare Inc shares valued at $586,432 were purchased by DILOFO HOLDINGS LIMITED on Mar 04 ’25. At $9.80 per share, DILOFO HOLDINGS LIMITED acquired 59,840 shares.
As published in a research note from Jefferies on April 24, 2023, Costamare Inc [CMRE] has been rated down from a Buy to a Hold and the price target has been revised to $10 from $15. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid January. As of July 21, 2022, Jefferies has initiated its “Buy” rating for CMRE. Earlier on September 28, 2020, Citigroup upgraded its rating. Their new recommendation was “a Buy” for CMRE stock which previously was a “a Sell”.
Analyzing CMRE Stock Performance
During the last five days, there has been a drop of approximately -0.56%. Over the course of the year, Costamare Inc shares have dropped approximately -30.97%. Shares of the company reached a 52-week high of $13.50 on 01/02/25 and a 52-week low of $8.11 on 04/09/25. A 50-day SMA is recorded $9.88, while a 200-day SMA reached $12.72.
Support And Resistance Levels for Costamare Inc (CMRE)
According to the 24-hour chart, there is a support level at 8.71, which, if violated, would cause prices to drop to 8.54. In the upper region, resistance lies at 8.96. The next price resistance is at 9.05. RSI (Relative Strength Index) is 42.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.23, which suggests the price will decrease in the coming days. Percent R is at 58.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
