Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
Why Costamare Inc. (NYSE:CMRE) Could Be Worth Watching
Costamare Inc. (NYSE:CMRE), is not the largest company out there, but it received a lot of attention from a substantial price increase on the NYSE over the last few months. The company is now trading at yearly-high levels following the recent surge in its share price. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Today we will analyse the most recent data on Costamare’s outlook and valuation to see if the opportunity still exists.
View our latest analysis for Costamare
Is Costamare Still Cheap?