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Momentus Inc (NASDAQ: MNTS) closed the day trading at $0.61 up 2.33% from the previous closing price of $0.6. In other words, the price has increased by $2.33 from its previous closing price. On the day, 0.9 million shares were traded. MNTS stock price reached its highest trading level at $0.6329 during the session, while it also had its lowest trading level at $0.5377.
Ratios:
For a better understanding of MNTS, let’s look at its different ratios. 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 14065360 and an Enterprise Value of 18783278. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.40. Its current Enterprise Value per Revenue stands at 18.201 whereas that against EBITDA is -0.783.
Stock Price History:
The Beta on a monthly basis for MNTS is 1.16, which has changed by -0.9255397 over the last 52 weeks, in comparison to a change of 0.1028198 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 $0.60. The 50-Day Moving Average of the stock is -48.25%, while the 200-Day Moving Average is calculated to be -62.22%.
Shares Statistics:
Over the past 3-months, MNTS traded about 2.84M shares per day on average, while over the past 10 days, MNTS traded about 772000 shares per day. A total of 12.29M shares are outstanding, with a floating share count of 11.39M. Insiders hold about 2.08% of the company’s shares, while institutions hold 2.20% stake in the company. Shares short for MNTS as of 1761868800 were 2017165 with a Short Ratio of 0.71, compared to 1759190400 on 934007. Therefore, it implies a Short% of Shares Outstanding of 2017165 and a Short% of Float of 8.85.
