Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Momentus Inc’s stock clocked out at $1.13, up 5.58% from its previous closing price of $1.08. In other words, the price has increased by $5.58 from its previous closing price. On the day, 1.03 million shares were traded. MNTS stock price reached its highest trading level at $1.15 during the session, while it also had its lowest trading level at $1.1.
Ratios:
To gain a deeper understanding of MNTS’s stock, we examine its different 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 19516874 and an Enterprise Value of 18348004. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.52. Its current Enterprise Value per Revenue stands at 20.274 whereas that against EBITDA is -0.721.
Stock Price History:
The Beta on a monthly basis for MNTS is 1.25, which has changed by -0.85651076 over the last 52 weeks, in comparison to a change of 0.19736934 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 -13.82%, while the 200-Day Moving Average is calculated to be -43.97%.
Shares Statistics:
It appears that MNTS traded 7.94M shares on average per day over the past three months and 1993170 shares per day 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 1760486400 were 2001471 with a Short Ratio of 0.25, compared to 1757894400 on 923585. Therefore, it implies a Short% of Shares Outstanding of 2001471 and a Short% of Float of 11.700000000000001.
