In the last trading session, 2.26 million shares of the Castellum Inc (AMEX:CTM) were traded, and its beta was -4.03. Most recently the company’s share price was $1.08, and it changed around -$0.1 or -8.47% from the last close, which brings the market valuation of the company to $98.08M. CTM currently trades at a discount to its 52-week high of $2.83, offering almost -162.04% off that amount. The share price’s 52-week low was $0.12, which indicates that the current value has risen by an impressive 88.89% since then. We note from Castellum Inc’s average daily trading volume that its 10-day average is 3.14 million shares, with the 3-month average coming to 2.08 million.
Castellum Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended CTM as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Castellum Inc is expected to report earnings per share of 0 for the current quarter.
Castellum Inc (AMEX:CTM) trade information
Instantly CTM has showed a red trend with a performance of -8.47% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.4400 on recent trading dayincreased the stock’s daily price by 25.0%. The company’s shares are currently down -46.00% year-to-date, but still down -22.30% over the last five days. On the other hand, Castellum Inc (AMEX:CTM) is -3.57% down in the 30-day period. We can see from the shorts that 0.65 million shares have been sold at a short interest cover period of 0.51 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 64.0% from its current value. Analyst projections state that CTM is forecast to be at a low of $3 and a high of $3.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 13.45M in revenue for the current quarter. 1 analysts expect Castellum Inc to make 14.63M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -17.90%.
CTM Dividends
Castellum Inc’s next quarterly earnings report is expected to be released on 2023-Nov-13.
Castellum Inc (AMEX:CTM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 25.42% of Castellum Inc shares, and 3.66% of them are in the hands of institutional investors. The stock currently has a share float of 4.90%. Castellum Inc stock is held by 27.0 institutions, with ARMISTICE CAPITAL, LLC being the largest institutional investor. By 2024-06-30, it held 6.2038% of the shares, which is about 3.55 million shares worth $0.66 million.
MERIDIAN WEALTH MANAGEMENT, LLC, with 1.0678% or 0.61 million shares worth $0.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
