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Momentus Inc (NASDAQ: MNTS) closed the day trading at $0.43 down -19.78% from the previous closing price of $0.54. In other words, the price has decreased by -$19.78 from its previous closing price. On the day, 3.36 million shares were traded. MNTS stock price reached its highest trading level at $0.4992 during the session, while it also had its lowest trading level at $0.404.
Ratios:
For a better understanding of MNTS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 2.63 whereas as Long-Term Debt/Eq ratio is at 1.52.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 01 ’23 when Kabot Brian sold 400 shares for $2.60 per share. The transaction valued at 1,040 led to the insider holds 3,782 shares of the business.
Kabot Brian sold 400 shares of MNTS for $1,400 on Nov 01 ’23. The Director now owns 4,182 shares after completing the transaction at $3.50 per share. On Oct 02 ’23, another insider, Kabot Brian, who serves as the Director of the company, sold 400 shares for $2.17 each. As a result, the insider received 868 and left with 4,582 shares of the company.
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 10982372 and an Enterprise Value of 13435139. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 4.349 whereas that against EBITDA is -0.2.
Stock Price History:
Over the past 52 weeks, MNTS has reached a high of $5.95, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -29.82%, while the 200-Day Moving Average is calculated to be -40.77%.
Shares Statistics:
Over the past 3-months, MNTS traded about 6.66M shares per day on average, while over the past 10 days, MNTS traded about 2051330 shares per day. A total of 25.54M shares are outstanding, with a floating share count of 25.23M. Insiders hold about 1.22% of the company’s shares, while institutions hold 1.08% stake in the company. Shares short for MNTS as of 1726185600 were 841853 with a Short Ratio of 0.13, compared to 1723680000 on 389512. Therefore, it implies a Short% of Shares Outstanding of 841853 and a Short% of Float of 3.3099998.
