The stock of Castellum Inc. (AMEX:CTM) increased by $0.06 on Tuesday to $0.54, up 12.50 percent. The last five days have seen an average of 1,012,410 shares of common stock traded. The average number of shares traded over the last 20 days was 317,482, while the average volume over the last 50 days totaled 459,495.
CTM stock appreciated 27.18% since last month. On 08/09/23, the company’s shares reached a one-month low of $0.3000. The stock touched a high of $5.39, after rallying from a low of $0.30 in 52 weeks. The price of CTM stock has declined by -57.14% or -$0.7200 this year, reaching a new high 3 times. Still, the stock price is down -89.98% from the 52-week high.
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Insider Transactions
CTM stock investors should be aware that Castellum Inc. (CTM) stock had its last reported insider trading activity 63 days ago on Jun 13. On Jun 13, CEO, President Fuller Mark C acquired 1,000 shares at $0.65 each. This transaction resulted in the insider spending $650. On Mar 31, WRIGHT JAY O added 18,400 shares at a price of US$1.08. After the transaction, the insider now owns 9,410,712 shares. WRIGHT JAY O had earlier bought 5,595 shares on Mar 29 for $1.13 a share. The transaction was completed for $6,322.
Valuation Metrics
Beta for the stock is 1.75. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.59, the price-to-book (PB) ratio of 1.02.
Financial Health
For the recent quarter, Castellum Inc.’s current ratio was 1.20. The company’s long-term debt to equity ratio for the recent quarter is 0.34, and the total debt to equity ratio is 0.45. As far as profitability goes, gross margin for the trailing twelve months is 41.50% percent. Castellum Inc.’s EBITDA margin for the recent year was -17.48%, whereas its operating margin stood at -33.50% for the same period. Based on annual data, it had gross profit of $17.6 million and revenue of $42.19 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CTM’s return on assets (ROA) during the last 12 months has been -51.30%. There was a -39.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -93.60%.
Earnings Surprise
A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $9.94 million, while revenues rose by 100.0% to $31.07 million. EBITDA was -$3.6 million for the quarter. At the end of Castellum Inc.’s most recent quarter, its liabilities totaled 17.09 million, while its total debt was $10.28 million. Equity owned by shareholders amounts to $47.33 million.
Technical Picture
Here’s a quick look at Castellum Inc.’s (CTM) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 69.15%, suggesting the stock is Neutral, with a 209.93% historical volatility rate.
The stochastic %K and %D were 66.03% and 42.11% respectively, while the average true range (ATR) was 0.0615. Based on the 14-day stochastic reading of 83.33%, the RSI (14) reading is 61.71%. On the 9-day MACD Oscillator, the stock is at 0.0526, and the 14-day reading is at 0.0361.
Analyst Ratings
Analysts have assigned Castellum Inc. (CTM) an Buy rating. CTM is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is CTM’s price target for the next 12 months?
The current consensus forecast for the stock is between $1.40 and $1.40, with a median target price of $1.40. In analyzing these forecasts, the average price target given by analysts for Castellum Inc. (CTM) is $1.40.
