Castellum (NYSEAMERICAN:CTM) Shares Down 9.1% – Time to Sell?

Castellum, Inc. (NYSEAMERICAN:CTM)’s share price dropped 9.1% during trading on Monday . The stock traded as low as $0.7340 and last traded at $0.7523. Approximately 3,066,221 shares were traded during mid-day trading, a decline of 70% from the average session volume of 10,190,242 shares. The stock had previously closed at $0.8278.

Castellum Stock Performance

The firm has a market capitalization of $71.40 million, a PE ratio of -75.40 and a beta of -6.88. The company’s fifty day moving average price is $0.72 and its two-hundred day moving average price is $0.84.

Castellum (NYSEAMERICAN:CTM) last issued its earnings results on Friday, May 8th. The company reported ($0.00) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.01). The firm had revenue of $14.29 million during the quarter, compared to analyst estimates of $13.10 million. Castellum had a negative net margin of 2.85% and a negative return on equity of 4.50%.

Institutional Investors Weigh In On Castellum

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quadrature Capital Ltd raised its position in shares of Castellum by 290.3% during the 4th quarter. Quadrature Capital Ltd now owns 217,471 shares of the company’s stock valued at $196,000 after acquiring an additional 161,752 shares in the last quarter. Inspire Advisors LLC bought a new stake in Castellum during the fourth quarter valued at $38,000. Geode Capital Management LLC raised its holdings in shares of Castellum by 6.9% during the fourth quarter. Geode Capital Management LLC now owns 773,724 shares of the company’s stock worth $699,000 after purchasing an additional 50,197 shares during the period. Legato Capital Management LLC lifted its position in shares of Castellum by 9.6% in the 4th quarter. Legato Capital Management LLC now owns 680,945 shares of the company’s stock worth $615,000 after buying an additional 59,536 shares during the last quarter. Finally, Meridian Wealth Management LLC lifted its position in shares of Castellum by 8.8% in the 4th quarter. Meridian Wealth Management LLC now owns 745,150 shares of the company’s stock worth $673,000 after buying an additional 60,550 shares during the last quarter. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Castellum Company Profile

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.