Castellum (NYSEAMERICAN:CTM) Trading Up 2.6%

Castellum, Inc. (NYSEAMERICAN:CTM)’s stock price was up 2.6% during trading on Wednesday . The stock traded as high as $0.21 and last traded at $0.20. Approximately 89,478 shares traded hands during trading, a decline of 45% from the average daily volume of 161,629 shares. The stock had previously closed at $0.19.

Castellum Stock Performance

The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.65. The company has a market cap of $9.70 million, a PE ratio of -0.52 and a beta of -3.35.

Castellum (NYSEAMERICAN:CTM) last announced its earnings results on Wednesday, May 15th. The company reported ($0.08) earnings per share for the quarter. Castellum had a negative net margin of 37.71% and a negative return on equity of 69.28%. The company had revenue of $11.34 million for the quarter.

Institutional Investors Weigh In On Castellum

Several hedge funds have recently bought and sold shares of CTM. Virtu Financial LLC raised its position in shares of Castellum by 82.2% in the 1st quarter. Virtu Financial LLC now owns 103,288 shares of the company’s stock worth $27,000 after purchasing an additional 46,606 shares during the last quarter. Inscription Capital LLC purchased a new position in shares of Castellum in the fourth quarter valued at about $74,000. Finally, Meridian Wealth Management LLC boosted its position in shares of Castellum by 123.8% during the fourth quarter. Meridian Wealth Management LLC now owns 503,500 shares of the company’s stock worth $150,000 after acquiring an additional 278,500 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Castellum Company Profile

Castellum, Inc provides services in the areas of cybersecurity, information technology, electronic and information warfare, and information operations. Its services include intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity and policy support, data analytics, and model based systems engineering services.