Castellum (NYSEAMERICAN:CTM) Trading Down 6.5% – Here’s What Happened

Castellum, Inc. (NYSEAMERICAN:CTM)’s share price was down 6.5% during mid-day trading on Tuesday . The stock traded as low as $0.96 and last traded at $0.98. Approximately 2,708,117 shares traded hands during trading, a decline of 61% from the average daily volume of 6,886,785 shares. The stock had previously closed at $1.05.

Castellum Trading Down 6.5 %

The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market capitalization of $68.63 million, a PE ratio of -5.77 and a beta of -12.75.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC increased its holdings in Castellum by 2,180.2% in the fourth quarter. Jane Street Group LLC now owns 449,001 shares of the company’s stock valued at $898,000 after buying an additional 429,310 shares in the last quarter. Geode Capital Management LLC increased its holdings in Castellum by 49.9% in the fourth quarter. Geode Capital Management LLC now owns 299,643 shares of the company’s stock valued at $599,000 after buying an additional 99,714 shares in the last quarter. PKS Advisory Services LLC purchased a new position in Castellum in the fourth quarter valued at $84,000. Finally, Bank of New York Mellon Corp purchased a new position in Castellum in the fourth quarter valued at $2,456,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Castellum Company Profile

Castellum, Inc provides services in the areas of cybersecurity, information technology, electronic and information warfare, and information operations. Its services include intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity and policy support, data analytics, and model based systems engineering services.