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After finishing at $2.39 in the prior trading day, 908 Devices Inc (NASDAQ: MASS) closed at $2.36, down -1.26%. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 0.57 million shares were traded. MASS stock price reached its highest trading level at $2.56 during the session, while it also had its lowest trading level at $2.36.
Ratios:
Our goal is to gain a better understanding of MASS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.54 and its Current Ratio is at 4.24. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 the company, Leerink Partners on November 13, 2024, Downgraded its rating to Market Perform and sets its target price to $4 from $12 previously.
On February 07, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $14.
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 May 13 ’24 when Knopp Kevin J. bought 10,000 shares for $6.42 per share. The transaction valued at 64,200 led to the insider holds 508,981 shares of the business.
Knopp Kevin J. bought 10,000 shares of MASS for $57,700 on May 10 ’24. The President and CEO now owns 498,981 shares after completing the transaction at $5.77 per share. On May 09 ’24, another insider, Knopp Kevin J., who serves as the President and CEO of the company, bought 10,000 shares for $5.83 each. As a result, the insider paid 58,300 and bolstered with 488,981 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, MASS now has a Market Capitalization of 82181808 and an Enterprise Value of 18719578. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 0.339 whereas that against EBITDA is -0.421.
Stock Price History:
Over the past 52 weeks, MASS has reached a high of $12.51, while it has fallen to a 52-week low of $2.19. The 50-Day Moving Average of the stock is -30.53%, while the 200-Day Moving Average is calculated to be -55.00%.
Shares Statistics:
The stock has traded on average 217.70K shares per day over the past 3-months and 482780 shares per day over the last 10 days, according to various share statistics. A total of 32.52M shares are outstanding, with a floating share count of 25.60M. Insiders hold about 26.49% of the company’s shares, while institutions hold 49.88% stake in the company. Shares short for MASS as of 1730332800 were 1450599 with a Short Ratio of 6.66, compared to 1727654400 on 1352467. Therefore, it implies a Short% of Shares Outstanding of 1450599 and a Short% of Float of 6.6599995.
