Castellum (NYSEAMERICAN:CTM) Shares Down 2% – Here’s Why

Castellum, Inc. (NYSEAMERICAN:CTM)’s share price traded down 2% during trading on Friday . The stock traded as low as $0.9850 and last traded at $0.99. 1,773,384 shares changed hands during trading, a decline of 12% from the average session volume of 2,011,015 shares. The stock had previously closed at $1.01.

Castellum Trading Down 2.0%

The company has a quick ratio of 4.17, a current ratio of 4.17 and a debt-to-equity ratio of 0.06. The stock’s 50 day moving average is $1.04 and its two-hundred day moving average is $1.10. The company has a market capitalization of $93.66 million, a PE ratio of -16.50 and a beta of -9.69.

Castellum (NYSEAMERICAN:CTM) last announced its quarterly earnings results on Friday, November 7th. The company reported $0.00 earnings per share for the quarter. The firm had revenue of $14.62 million during the quarter. Castellum had a negative net margin of 7.55% and a negative return on equity of 13.31%.

Insider Transactions at Castellum

In other news, General Counsel Jay O. Wright sold 30,000 shares of Castellum stock in a transaction on Friday, December 19th. The stock was sold at an average price of $1.05, for a total value of $31,500.00. Following the transaction, the general counsel directly owned 7,134,973 shares in the company, valued at approximately $7,491,721.65. This trade represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 438,000 shares of company stock worth $513,930. 29.79% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CTM. Cubist Systematic Strategies LLC acquired a new stake in Castellum during the 1st quarter worth about $72,000. Two Sigma Investments LP raised its stake in Castellum by 135.1% in the 3rd quarter. Two Sigma Investments LP now owns 77,565 shares of the company’s stock valued at $85,000 after purchasing an additional 44,569 shares during the last quarter. Bridgeway Capital Management LLC acquired a new position in Castellum during the third quarter worth about $103,000. Centiva Capital LP acquired a new position in shares of Castellum during the 3rd quarter worth approximately $133,000. Finally, XTX Topco Ltd increased its stake in shares of Castellum by 107.6% in the 2nd quarter. XTX Topco Ltd now owns 135,796 shares of the company’s stock worth $143,000 after acquiring an additional 70,377 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

About Castellum

Castellum AB is a Sweden?based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long?term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.

Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.