Castellum (NYSEAMERICAN:CTM) Shares Down 4.5% – Time to Sell?

Castellum, Inc. (NYSEAMERICAN:CTM)’s share price traded down 4.5% during mid-day trading on Thursday . The company traded as low as $0.16 and last traded at $0.16. 213,302 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 869,711 shares. The stock had previously closed at $0.17.

Castellum Price Performance

The stock has a market cap of $9.00 million, a PE ratio of -0.94 and a beta of -3.14. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11.

Institutional Investors Weigh In On Castellum

A hedge fund recently raised its stake in Castellum stock. Virtu Financial LLC raised its stake in Castellum, Inc. (NYSEAMERICAN:CTM) by 82.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,288 shares of the company’s stock after acquiring an additional 46,606 shares during the quarter. Virtu Financial LLC owned approximately 0.19% of Castellum worth $27,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 3.39% of the company’s stock.

About Castellum

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.