Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Momentus Inc (NASDAQ: MNTS) was $0.46 for the day, down -44.88% from the previous closing price of $0.84. In other words, the price has decreased by -$44.88 from its previous closing price. On the day, 13.91 million shares were traded. MNTS stock price reached its highest trading level at $0.6 during the session, while it also had its lowest trading level at $0.4426.
Ratios:
Our analysis of MNTS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41.
Upgrades & Downgrades
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 11180830 and an Enterprise Value of 15136831. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.85. Its current Enterprise Value per Revenue stands at 14.667 whereas that against EBITDA is -0.631.
Stock Price History:
The Beta on a monthly basis for MNTS is 0.89, which has changed by -0.8961681 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, MNTS has reached a high of $11.70, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is -54.53%, while the 200-Day Moving Average is calculated to be -67.34%.
Shares Statistics:
MNTS traded an average of 5.36M shares per day over the past three months and 16660220 shares per day over the past ten days. A total of 24.15M shares are outstanding, with a floating share count of 23.91M. Insiders hold about 1.00% of the company’s shares, while institutions hold 1.06% stake in the company. Shares short for MNTS as of 1764288000 were 1033025 with a Short Ratio of 0.19, compared to 1761868800 on 2017165. Therefore, it implies a Short% of Shares Outstanding of 1033025 and a Short% of Float of 0.23999999000000002.
