Castellum (NYSEAMERICAN:CTM – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02), FiscalAI reports. Castellum had a negative net margin of 4.13% and a negative return on equity of 6.32%. The firm had revenue of $14.70 million during the quarter, compared to analysts’ expectations of $14.90 million.
Castellum Price Performance
Castellum stock traded down $0.09 during trading hours on Friday, hitting $0.38. The stock had a trading volume of 2,213,504 shares, compared to its average volume of 407,271. The stock has a market capitalization of $35.95 million, a price-to-earnings ratio of -12.64 and a beta of -6.32. Castellum has a 1-year low of $0.34 and a 1-year high of $1.27. The stock’s fifty day moving average is $0.58 and its two-hundred day moving average is $0.71.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Castellum to a “hold” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, Castellum has an average rating of “Hold”.
Check Out Our Latest Research Report on Castellum
Insider Buying and Selling at Castellum
In other news, COO Andrew Merriman purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was acquired at an average price of $0.62 per share, with a total value of $31,000.00. Following the purchase, the chief operating officer directly owned 588,531 shares of the company’s stock, valued at $364,889.22. This represents a 9.28% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders acquired a total of 54,492 shares of company stock valued at $33,426 in the last three months. Company insiders own 8.41% of the company’s stock.
About Castellum
Castellum, Inc is a U.S.-based technology and defense contractor that provides cybersecurity, intelligence, information technology and engineering services. The company primarily serves federal government customers, including agencies and organizations involved in defense, national security and critical infrastructure.
Its offerings include cybersecurity assessments and operations, network and information technology support, intelligence analysis, electronic warfare capabilities, systems engineering and mission-support services.
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