Daily Progress: 908 Devices Inc (MASS) Drop -5.42, Closing at 4.01

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

In the latest session, 908 Devices Inc (NASDAQ: MASS) closed at $4.01 down -5.42% from its previous closing price of $4.24. In other words, the price has decreased by -$5.42 from its previous closing price. On the day, 0.91 million shares were traded. MASS stock price reached its highest trading level at $4.31 during the session, while it also had its lowest trading level at $3.83.

Ratios:

For a deeper understanding of 908 Devices Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.06 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 03 ’25 when Griffith Joseph H. IV sold 10,236 shares for $2.34 per share. The transaction valued at 23,985 led to the insider holds 109,870 shares of the business.

Turner Michael S. sold 9,672 shares of MASS for $22,499 on Feb 03 ’25. The Chief Legal & Admin Officer now owns 24,603 shares after completing the transaction at $2.33 per share. On Feb 03 ’25, another insider, Knopp Kevin J., who serves as the President and CEO of the company, sold 16,001 shares for $2.32 each. As a result, the insider received 37,109 and left with 692,733 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 149799168 and an Enterprise Value of 78680272. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 1.319 whereas that against EBITDA is -1.793.

Stock Price History:

The Beta on a monthly basis for MASS is 0.61, which has changed by -0.42302155 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, MASS has reached a high of $7.56, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 35.47%, while the 200-Day Moving Average is calculated to be 11.65%.

Shares Statistics:

For the past three months, MASS has traded an average of 3.23M shares per day and 1316070 over the past ten days. A total of 35.10M shares are outstanding, with a floating share count of 25.74M. Insiders hold about 27.15% of the company’s shares, while institutions hold 54.12% stake in the company. Shares short for MASS as of 1740700800 were 2254192 with a Short Ratio of 0.70, compared to 1738281600 on 1928484. Therefore, it implies a Short% of Shares Outstanding of 2254192 and a Short% of Float of 10.15.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Most Popular