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The price of Momentus Inc (NASDAQ: MNTS) closed at $7.46 in the last session, down -9.47% from day before closing price of $8.24. In other words, the price has decreased by -$9.47 from its previous closing price. On the day, 0.15 million shares were traded. MNTS stock price reached its highest trading level at $8.24 during the session, while it also had its lowest trading level at $7.36.
Ratios:
We take a closer look at MNTS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 0.38.
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 18000084 and an Enterprise Value of 21100544. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.32. Its current Enterprise Value per Revenue stands at 6.842 whereas that against EBITDA is -0.487.
Stock Price History:
The Beta on a monthly basis for MNTS is 0.80, which has changed by -0.57371426 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, MNTS has reached a high of $28.56, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is -5.24%, while the 200-Day Moving Average is calculated to be -4.55%.
Shares Statistics:
According to the various share statistics, MNTS traded on average about 856.20K shares per day over the past 3-months and 193070 shares per day over the past 10 days. A total of 2.41M shares are outstanding, with a floating share count of 2.25M. Insiders hold about 6.69% of the company’s shares, while institutions hold 10.03% stake in the company. Shares short for MNTS as of 1730332800 were 1402760 with a Short Ratio of 0.05, compared to 1727654400 on 1416122. Therefore, it implies a Short% of Shares Outstanding of 1402760 and a Short% of Float of 5.510000000000001.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
