Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, ConnectM Technology Solutions Inc (NASDAQ: CNTM) closed at $0.63 down -9.29% from its previous closing price of $0.70. In other words, the price has decreased by -$9.29 from its previous closing price. On the day, 1.5 million shares were traded. CNTM stock price reached its highest trading level at $0.71 during the session, while it also had its lowest trading level at $0.619.
Ratios:
For a deeper understanding of ConnectM Technology Solutions Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 0.19.
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 Dec 20 ’24 when Choudhury Mahesh bought 27,800 shares for $1.09 per share. The transaction valued at 30,218 led to the insider holds 259,768 shares of the business.
Choudhury Mahesh bought 6,900 shares of CNTM for $5,682 on Dec 18 ’24. The insider now owns 227,668 shares after completing the transaction at $0.82 per share. On Dec 19 ’24, another insider, Choudhury Mahesh, who serves as the insider of the company, bought 4,300 shares for $1.05 each. As a result, the insider paid 4,513 and bolstered with 231,968 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, CNTM now has a Market Capitalization of 20365276 and an Enterprise Value of 37005776. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.71. Its current Enterprise Value per Revenue stands at 1.699 whereas that against EBITDA is -4.822.
Stock Price History:
The Beta on a monthly basis for CNTM is 0.20, which has changed by -0.94350535 over the last 52 weeks, in comparison to a change of 0.07995045 over the same period for the S&P500. Over the past 52 weeks, CNTM has reached a high of $12.47, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -6.07%, while the 200-Day Moving Average is calculated to be -39.37%.
Shares Statistics:
For the past three months, CNTM has traded an average of 3.74M shares per day and 2461850 over the past ten days. A total of 21.12M shares are outstanding, with a floating share count of 17.05M. Insiders hold about 51.99% of the company’s shares, while institutions hold 6.66% stake in the company. Shares short for CNTM as of 1744675200 were 1604917 with a Short Ratio of 0.43, compared to 1741910400 on 629348. Therefore, it implies a Short% of Shares Outstanding of 1604917 and a Short% of Float of 7.290000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
