Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Castellum Inc (AMEX: CTM) was $2.00 for the day, down -22.48% from the previous closing price of $2.58. In other words, the price has decreased by -$22.48 from its previous closing price. On the day, 17.19 million shares were traded. CTM stock price reached its highest trading level at $2.19 during the session, while it also had its lowest trading level at $1.6.
Ratios:
Our analysis of CTM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.69.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 04 ’24 when WRIGHT JAY O bought 272,300 shares for $0.16 per share. The transaction valued at 44,657 led to the insider holds 10,126,372 shares of the business.
WRIGHT JAY O bought 61,597 shares of CTM for $10,102 on Aug 29 ’24. The General Counsel, Secretary now owns 9,809,672 shares after completing the transaction at $0.16 per share. On Aug 28 ’24, another insider, WRIGHT JAY O, who serves as the General Counsel, Secretary of the company, bought 97,903 shares for $0.16 each. As a result, the insider paid 15,958 and bolstered with 9,748,075 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTM now has a Market Capitalization of 131167200 and an Enterprise Value of 18935494. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 9.33. Its current Enterprise Value per Revenue stands at 0.414 whereas that against EBITDA is -3.727.
Stock Price History:
Over the past 52 weeks, CTM has reached a high of $2.83, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 454.18%, while the 200-Day Moving Average is calculated to be 723.32%.
Shares Statistics:
CTM traded an average of 6.19M shares per day over the past three months and 27143590 shares per day over the past ten days. A total of 56.11M shares are outstanding, with a floating share count of 34.11M. Insiders hold about 48.00% of the company’s shares, while institutions hold 29.21% stake in the company. Shares short for CTM as of 1730332800 were 101066 with a Short Ratio of 0.10, compared to 1727654400 on 204221. Therefore, it implies a Short% of Shares Outstanding of 101066 and a Short% of Float of 0.36000002.
