Market Insights: 908 Devices Inc (MASS)’s Notable Drop of -4.59, Closing at 5.40

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As of close of business last night, 908 Devices Inc’s stock clocked out at $5.40, down -4.59% from its previous closing price of $5.66. In other words, the price has decreased by -$4.59 from its previous closing price. On the day, 0.69 million shares were traded.

Ratios:

To gain a deeper understanding of MASS’s stock, we examine its different 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 1.65.

Stock Price History:

Over the past 52 weeks, MASS has reached a high of $7.48, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 47.95%, while the 200-Day Moving Average is calculated to be 55.45%.

Shares Statistics:

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 54.38% stake in the company.

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