Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Momentus Inc (NASDAQ: MNTS) closed at $1.43 up 4.38% from its previous closing price of $1.37. In other words, the price has increased by $4.38 from its previous closing price. On the day, 2.84 million shares were traded. MNTS stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.27.
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 17468516 and an Enterprise Value of 21780142. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.28. Its current Enterprise Value per Revenue stands at 24.066 whereas that against EBITDA is -0.855.
Stock Price History:
The Beta on a monthly basis for MNTS is 1.21, which has changed by -0.8303275 over the last 52 weeks, in comparison to a change of 0.1443547 over the same period for the S&P500. Over the past 52 weeks, MNTS has reached a high of $12.18, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 8.66%, while the 200-Day Moving Average is calculated to be -42.62%.
Shares Statistics:
For the past three months, MNTS has traded an average of 6.28M shares per day and 5275140 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 1759190400 were 934007 with a Short Ratio of 0.15, compared to 1756425600 on 810404. Therefore, it implies a Short% of Shares Outstanding of 934007 and a Short% of Float of 7.7.
