In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, ConnectM Technology Solutions Inc (NASDAQ: CNTM) closed at $1.10 down -3.93% from its previous closing price of $1.14. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 59681.0 shares were traded. CNTM stock price reached its highest trading level at $1.17 during the session, while it also had its lowest trading level at $1.0803.
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 23374010 and an Enterprise Value of 33363972. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.85. Its current Enterprise Value per Revenue stands at 1.66 whereas that against EBITDA is -4.927.
Stock Price History:
Over the past 52 weeks, CNTM has reached a high of $12.47, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 18.02%, while the 200-Day Moving Average is calculated to be -77.15%.
Shares Statistics:
For the past three months, CNTM has traded an average of 150.43K shares per day and 103810 over the past ten days. A total of 21.12M shares are outstanding, with a floating share count of 14.38M. Insiders hold about 32.07% of the company’s shares, while institutions hold 11.56% stake in the company. Shares short for CNTM as of 1732838400 were 353732 with a Short Ratio of 2.06, compared to 1730332800 on 339105. Therefore, it implies a Short% of Shares Outstanding of 353732 and a Short% of Float of 2.5100000000000002.
