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The closing price of Momentus Inc (NASDAQ: MNTS) was $7.0 for the day, up 15.70% from the previous closing price of $6.05. In other words, the price has increased by $15.70 from its previous closing price. On the day, 0.61 million shares were traded. MNTS stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $5.9801.
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 11686941 and an Enterprise Value of 13426062. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.50. Its current Enterprise Value per Revenue stands at 13.01 whereas that against EBITDA is -0.559.
Stock Price History:
The Beta on a monthly basis for MNTS is 0.94, which has changed by -0.95585585 over the last 52 weeks, in comparison to a change of 0.16098404 over the same period for the S&P500. Over the past 52 weeks, MNTS has reached a high of $183.85, while it has fallen to a 52-week low of $6.02. The 50-Day Moving Average of the stock is -54.62%, while the 200-Day Moving Average is calculated to be -71.15%.
Shares Statistics:
MNTS traded an average of 404.18K shares per day over the past three months and 836142 shares per day over the past ten 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 1765756800 were 110383 with a Short Ratio of 0.27, compared to 1763078400 on 92604. Therefore, it implies a Short% of Shares Outstanding of 110383 and a Short% of Float of 6.64.
