Castellum (CTM) Projected to Post Quarterly Earnings on Tuesday

Castellum (NYSEAMERICAN:CTM) is expected to be posting its quarterly earnings results before the market opens on Tuesday, May 13th. Analysts expect Castellum to post earnings of ($0.01) per share and revenue of $10.03 million for the quarter.

Castellum Stock Up 5.8 %

CTM stock opened at $0.98 on Friday. The firm has a 50-day moving average price of $1.02 and a 200-day moving average price of $0.69. Castellum has a 12 month low of $0.12 and a 12 month high of $2.83. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $68.83 million, a P/E ratio of -5.79 and a beta of -12.75.

Insider Transactions at Castellum

In related news, Director Mark C. Fuller sold 275,000 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $1.49, for a total value of $409,750.00. Following the completion of the sale, the director now directly owns 7,338,659 shares in the company, valued at $10,934,601.91. This represents a 3.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 45.55% of the company’s stock.

Analysts Set New Price Targets

CTM has been the topic of a number of research analyst reports. UBS Group upgraded shares of Castellum from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 23rd. Maxim Group set a $3.00 price objective on Castellum and gave the company a “buy” rating in a report on Thursday, April 24th.

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.