Are Analysts Too Bullish On Castellum Inc (CTM)

Castellum Inc (AMEX:CTM) currently has a daily average trading volume of 8.13M but it saw 7419804 shares traded in last market. With a market cap of 77.31M USD, the company’s current market price of $1.00 came rising about 19.02 while comparing to the previous closing price of $0.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.83 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.8222 while lowest mark touched by it was $1.07.

Taking a look at 20-day trading activity of Castellum Inc (CTM) gives us an average price of $1.0565, while its current price level is -64.66% below from 52-week high level whereas it is 722.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5489 while that of 200 days or SMA-200 reads an average of $0.2848. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.69% during that period while stretching the period over a month that increases to 36.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.51 which implies that the stock is in neutral territory.

Over the week, CTM’s stock price is moving -16.67% down while it is 245.90% when we observe its performance for the past one month. Year-to-date it is -50.00% down and over the past year, the stock is showing an upside performance of 253.98%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Castellum Inc’s total number of outstanding shares is 56.11M with 48.08% of that held by the insiders while 2.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -47.05% and return on equity (ROE) at -73.06%. Stock’s beta reads -2.88. Stock has a price to book (P/B) ratio of 4.67 while price to sale or P/S ratio amounts to 1.70. Its return on asset (ROA) is -31.26% on average.