Castellum (NYSEAMERICAN:CTM) Trading Down 9.1% – Here’s What Happened

Castellum, Inc. (NYSEAMERICAN:CTM)’s share price fell 9.1% during trading on Monday . The stock traded as low as $0.7340 and last traded at $0.7523. Approximately 3,066,221 shares traded hands during trading, a decline of 70% from the average session volume of 10,190,242 shares. The stock had previously closed at $0.8278.

Castellum Stock Performance

The stock has a 50-day simple moving average of $0.72 and a two-hundred day simple moving average of $0.84. The firm has a market cap of $71.24 million, a PE ratio of -75.23 and a beta of -6.89.

Castellum (NYSEAMERICAN:CTM) last posted its earnings results on Friday, May 8th. The company reported ($0.00) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.01). The company had revenue of $14.29 million for the quarter, compared to the consensus estimate of $13.10 million. Castellum had a negative net margin of 2.85% and a negative return on equity of 4.50%.

Institutional Trading of Castellum

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Castellum by 21.5% in the third quarter. Vanguard Group Inc. now owns 1,277,915 shares of the company’s stock worth $1,393,000 after buying an additional 225,937 shares during the period. Geode Capital Management LLC grew its stake in shares of Castellum by 6.9% during the 4th quarter. Geode Capital Management LLC now owns 773,724 shares of the company’s stock valued at $699,000 after acquiring an additional 50,197 shares during the period. Meridian Wealth Management LLC grew its stake in shares of Castellum by 8.8% during the 4th quarter. Meridian Wealth Management LLC now owns 745,150 shares of the company’s stock valued at $673,000 after acquiring an additional 60,550 shares during the period. Legato Capital Management LLC increased its holdings in Castellum by 9.6% in the 4th quarter. Legato Capital Management LLC now owns 680,945 shares of the company’s stock worth $615,000 after acquiring an additional 59,536 shares in the last quarter. Finally, Quadrature Capital Ltd increased its holdings in Castellum by 290.3% in the 4th quarter. Quadrature Capital Ltd now owns 217,471 shares of the company’s stock worth $196,000 after acquiring an additional 161,752 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Castellum Company Profile

Castellum AB is a Sweden‐based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long‐term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.

Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.