Castellum Inc [AMEX: CTM] surged by $0.11 during the normal trading session on Tuesday and reaching a high of $1.435 during the day while it closed the day at $1.38.
Castellum Inc stock has also gained 14.05% of its value over the past 7 days. However, CTM stock has inclined by 45.52% in the 3 months of the year. Over the past six months meanwhile, it has gained 32.69% and gained 569.90% year-on date.
The market cap for CTM stock reached $125.32 million, with 86.04 million shares outstanding and 61.44 million shares in the current float. Compared to the average trading volume of 1.71M shares, CTM reached a trading volume of 7378294 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Castellum Inc [CTM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTM shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 4.55, with the Price to Cash per share for the same quarter was set at 0.15.
CTM stock trade performance evaluation
Castellum Inc [CTM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.05. With this latest performance, CTM shares gained by 15.00% in over the last four-week period, additionally plugging by 32.69% over the last 6 months – not to mention a drop of -31.00% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CTM stock in for the last two-week period is set at 67.64, with the RSI for the last a single of trading hit 0.1021, and the three-weeks RSI is set at 0.0931 for Castellum Inc [CTM]. The present Moving Average for the last 50 days of trading for this stock 1.0882, while it was recorded at 1.2440 for the last single week of trading, and 0.8021 for the last 200 days.
Castellum Inc [CTM]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Castellum Inc [CTM] shares currently have an operating margin of -13.44% and a Gross Margin at 40.59%. Castellum Inc’s Net Margin is presently recorded at -15.87%.
Return on Equity for this stock declined to -19.67%, with Return on Assets sitting at -19.67%.
Castellum Inc [CTM]: Institutional Ownership
There are presently around $3.66%, or 4.90% of CTM stock, in the hands of institutional investors. The top three institutional holders of CTM stocks are: ARMISTICE CAPITAL, LLC with ownership of 3.55 million shares, which is approximately 6.2038%. MERIDIAN WEALTH MANAGEMENT, LLC, holding 0.61 million shares of the stock with an approximate value of $$0.11 million in CTM stocks shares; and MERIDIAN WEALTH MANAGEMENT, LLC, currently with $$46500.0 in CTM stock with ownership which is approximately 0.4371%.
