Castellum Inc (AMEX:CTM) shares, rose in value, with the stock price down by -6.44% to the previous day’s close as strong demand from buyers drove the stock to $1.18.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.26. Referring to stock’s 52-week performance, its high was $2.83, and the low was $0.12. On the whole, CTM has fluctuated by 54.45% over the past month.
With the market capitalization of Castellum Inc currently standing at about $91.14 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CTM’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of CTM currently trading nearly 10.25% and 9.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.55, while the 7-day volatility ratio is showing 26.15% which for the 30-day chart, stands at 19.55%. Furthermore, Castellum Inc (CTM)’s beta value is -4.06, and its average true range (ATR) is 0.21.
A comparison of Castellum Inc (CTM) with its peers suggests the former has fared considerably weaker in the market. CTM showed an intraday change of -6.44% in today’s session so far, and over the past year, it grew by 241.81%%.
Data on historical trading for Castellum Inc (AMEX:CTM) indicates that the trading volumes over the past 3 months, they’ve averaged 10.08 million. According to company’s latest data on outstanding shares, there are 56.11 million shares outstanding.
Nearly 34.84% of Castellum Inc’s shares belong to company insiders and institutional investors own 29.01% of the company’s shares. The stock has fallen by -41.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CTM stock heading into the next quarter.
