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In the latest session, Markforged Holding Corporation (NYSE: MKFG) closed at $3.97 down -2.93% from its previous closing price of $4.09. In other words, the price has decreased by -$2.93 from its previous closing price. On the day, 0.17 million shares were traded. MKFG stock price reached its highest trading level at $4.18 during the session, while it also had its lowest trading level at $3.97.
Ratios:
For a deeper understanding of Markforged Holding Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.28.
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, Craig Hallum on October 25, 2023, Downgraded its rating to Hold and sets its target price to $1 from $2.50 previously.
On August 17, 2022, Credit Suisse started tracking the stock assigning a Neutral rating and target price of $2.70.Credit Suisse initiated its Neutral rating on August 17, 2022, with a $2.70 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MKFG now has a Market Capitalization of 81861400 and an Enterprise Value of 56149540. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 0.646 whereas that against EBITDA is -0.921.
Stock Price History:
Over the past 52 weeks, MKFG has reached a high of $8.80, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is -8.01%, while the 200-Day Moving Average is calculated to be -17.20%.
Shares Statistics:
For the past three months, MKFG has traded an average of 272.35K shares per day and 96090 over the past ten days. A total of 19.86M shares are outstanding, with a floating share count of 11.95M. Insiders hold about 42.05% of the company’s shares, while institutions hold 30.20% stake in the company. Shares short for MKFG as of 1731628800 were 255201 with a Short Ratio of 0.94, compared to 1728950400 on 353277. Therefore, it implies a Short% of Shares Outstanding of 255201 and a Short% of Float of 2.2800000000000002.
