The Week Ahead: Are Investors Really Too Optimistic About Castellum Inc (AMEX: CTM)

Castellum Inc (AMEX:CTM) currently has a daily average trading volume of 4.49M but it saw 871842 shares traded in last market. With a market cap of 76.36M USD, the company’s current market price of $0.96 came rising about 6.73 while comparing to the previous closing price of $0.90. 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 $0.9176 while lowest mark touched by it was $0.99.

Taking a look at 20-day trading activity of Castellum Inc (CTM) gives us an average price of $0.9745, while its current price level is -66.08% below from 52-week high level whereas it is 689.47% 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 $1.0605 while that of 200 days or SMA-200 reads an average of $0.5483. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.35% during that period while stretching the period over a month that increases to 8.86%. 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 46.89 which implies that the stock is in neutral territory.

Over the week, CTM’s stock price is moving -2.21% down while it is -23.81% when we observe its performance for the past one month. Year-to-date it is -52.00% down and over the past year, the stock is showing an upside performance of 298.34%.

Currently, Castellum Inc’s total number of outstanding shares is 77.08M with 30.66% of that held by the insiders while 5.62% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -36.05% and return on equity (ROE) at -60.25%. Stock’s beta reads -3.72. Stock has a price to book (P/B) ratio of 3.67 while price to sale or P/S ratio amounts to 1.71. Its return on asset (ROA) is -27.23% on average.