Castellum (NYSEAMERICAN:CTM) Announces Earnings Results, Misses Estimates By $0.01 EPS

Castellum (NYSEAMERICAN:CTM) posted its quarterly earnings results on Friday. The company reported $0.00 earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.01), reports. The business had revenue of $14.29 million for the quarter, compared to analyst estimates of $13.10 million. Castellum had a negative return on equity of 7.36% and a negative net margin of 4.54%.

Castellum Price Performance

CTM traded up $0.10 on Friday, reaching $0.75. 22,231,020 shares of the company’s stock were exchanged, compared to its average volume of 683,300. The stock has a market cap of $71.24 million, a PE ratio of -37.65 and a beta of -7.07. Castellum has a twelve month low of $0.48 and a twelve month high of $1.56. The stock’s fifty day moving average price is $0.75 and its 200-day moving average price is $0.92.

Hedge Funds Weigh In On Castellum

A number of institutional investors have recently bought and sold shares of the company. Quadrature Capital Ltd raised its stake in Castellum by 290.3% during the fourth quarter. Quadrature Capital Ltd now owns 217,471 shares of the company’s stock worth $196,000 after purchasing an additional 161,752 shares during the period. Inspire Advisors LLC purchased a new stake in Castellum during the 4th quarter worth approximately $38,000. Geode Capital Management LLC grew its holdings in Castellum by 6.9% during the 4th quarter. Geode Capital Management LLC now owns 773,724 shares of the company’s stock worth $699,000 after acquiring an additional 50,197 shares in the last quarter. Centiva Capital LP acquired a new position in Castellum during the 3rd quarter worth approximately $133,000. Finally, Two Sigma Investments LP boosted its holdings in shares of 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 buying an additional 44,569 shares in the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

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.