In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Momentus Inc (NASDAQ: MNTS) closed the day trading at $1.31 up 1.55% from the previous closing price of $1.29. In other words, the price has increased by $1.55 from its previous closing price. On the day, 1.39 million shares were traded. MNTS stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.18.
Ratios:
For a better understanding of MNTS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40.
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 9110172 and an Enterprise Value of 8440967. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.21. Its current Enterprise Value per Revenue stands at 4.389 whereas that against EBITDA is -0.318.
Stock Price History:
The Beta on a monthly basis for MNTS is 1.13, which has changed by -0.8343868 over the last 52 weeks, in comparison to a change of 0.14064062 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 $1.03. The 50-Day Moving Average of the stock is 2.70%, while the 200-Day Moving Average is calculated to be -64.74%.
Shares Statistics:
Over the past 3-months, MNTS traded about 6.61M shares per day on average, while over the past 10 days, MNTS traded about 34225020 shares per day. A total of 9.11M shares are outstanding, with a floating share count of 8.44M. Insiders hold about 7.38% of the company’s shares, while institutions hold 10.24% stake in the company. Shares short for MNTS as of 1753920000 were 642805 with a Short Ratio of 0.10, compared to 1751241600 on 367181. Therefore, it implies a Short% of Shares Outstanding of 642805 and a Short% of Float of 9.25.
