Castellum Inc (AMEX:CTM) price closed higher on current market day and jumping 9.45% above its previous close.
A look at the daily price movement shows that the last close reads $1.27. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.83 and 52-week low of $0.12. The stock added 41.25% on its value in the past month.
The overview shows that CTM’s price is at present 29.66% off the SMA20 and 38.22% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 75.28, with weekly volatility standing at 6.39%. The indicator jumps to 5.62% when calculated based on the past 30 days. Castellum Inc (AMEX:CTM)’s beta value is holding at -4.03, while the average true range (ATR) indicator is currently reading 0.09. Considering analysts have assigned the stock a price target range of $3-$3 as the low and high respectively, we find the trailing 12-month average consensus price target to be $3. Based on this estimate, we see that current price is roughly -115.83% off the estimated low and -115.83% off the forecast high. Investors will no doubt be excited to see the share price fall to $3, which is the median consensus price, and at that level CTM would be -115.83% from current price.
Current records show that the company has 86.04M in outstanding shares. The insiders’ percentage holdings are 32.34% of outstanding shares while the percentage share held by institutions stands at 24.38%. But the -30.50% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
