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.
As of close of business last night, Momentus Inc’s stock clocked out at $1.2, up 0.84% from its previous closing price of $1.19. In other words, the price has increased by $0.84 from its previous closing price. On the day, 0.51 million shares were traded. MNTS stock price reached its highest trading level at $1.2199 during the session, while it also had its lowest trading level at $1.16.
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 13961239 and an Enterprise Value of 19104238. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.34. Its current Enterprise Value per Revenue stands at 21.11 whereas that against EBITDA is -0.75.
Stock Price History:
The Beta on a monthly basis for MNTS is 1.20, which has changed by -0.82471514 over the last 52 weeks, in comparison to a change of 0.1653893 over the same period for the S&P500. Over the past 52 weeks, MNTS has reached a high of $14.84, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -4.19%, while the 200-Day Moving Average is calculated to be -59.41%.
Shares Statistics:
It appears that MNTS traded 6.64M shares on average per day over the past three months and 463190 shares per day over the past ten days. A total of 11.63M 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 1756425600 were 810404 with a Short Ratio of 0.12, compared to 1753920000 on 642805. Therefore, it implies a Short% of Shares Outstanding of 810404 and a Short% of Float of 7.0199996.
