For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Momentus Inc (NASDAQ: MNTS) closed at $1.7 up 1.19% from its previous closing price of $1.68. In other words, the price has increased by $1.19 from its previous closing price. On the day, 1.4 million shares were traded. MNTS stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.66.
Ratios:
For a deeper understanding of Momentus Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Evercore ISI on July 05, 2022, initiated with a Underperform rating and assigned the stock a target price of $2.
On January 10, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNTS now has a Market Capitalization of 20766768 and an Enterprise Value of 24921420. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.74. Its current Enterprise Value per Revenue stands at 27.537 whereas that against EBITDA is -0.979.
Stock Price History:
The Beta on a monthly basis for MNTS is 1.23, which has changed by -0.8084723 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, MNTS has reached a high of $14.84, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 30.71%, while the 200-Day Moving Average is calculated to be -34.21%.
Shares Statistics:
For the past three months, MNTS has traded an average of 5.74M shares per day and 949560 over the past ten days. A total of 11.64M shares are outstanding, with a floating share count of 10.84M. Insiders hold about 6.82% of the company’s shares, while institutions hold 8.02% stake in the company. Shares short for MNTS as of 1757894400 were 923585 with a Short Ratio of 0.16, compared to 1755216000 on 1741129. Therefore, it implies a Short% of Shares Outstanding of 923585 and a Short% of Float of 8.0.
