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.
The price of Momentus Inc (NASDAQ: MNTS) closed at $9.5 in the last session, down -8.12% from day before closing price of $10.34. In other words, the price has decreased by -$8.12 from its previous closing price. On the day, 1.54 million shares were traded. MNTS stock price reached its highest trading level at $10.18 during the session, while it also had its lowest trading level at $8.37.
Ratios:
We take a closer look at MNTS’s different ratios to gain a better understanding of the stock. 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 15860848 and an Enterprise Value of 16808228. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.89. Its current Enterprise Value per Revenue stands at 16.287 whereas that against EBITDA is -0.7.
Stock Price History:
The Beta on a monthly basis for MNTS is 1.13, which has changed by -0.91559184 over the last 52 weeks, in comparison to a change of 0.1726681 over the same period for the S&P500. Over the past 52 weeks, MNTS has reached a high of $160.65, while it has fallen to a 52-week low of $4.73. The 50-Day Moving Average of the stock is -21.30%, while the 200-Day Moving Average is calculated to be -58.11%.
Shares Statistics:
According to the various share statistics, MNTS traded on average about 2.30M shares per day over the past 3-months and 12046680 shares per day over the past 10 days. A total of 1.40M shares are outstanding, with a floating share count of 1.38M. Insiders hold about 1.00% of the company’s shares, while institutions hold 1.03% stake in the company. Shares short for MNTS as of 1767139200 were 158873 with a Short Ratio of 0.07, compared to 1764288000 on 57872. Therefore, it implies a Short% of Shares Outstanding of 158873 and a Short% of Float of 9.54.
