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After finishing at $0.65 in the prior trading day, ConnectM Technology Solutions Inc (NASDAQ: CNTM) closed at $0.65, up 0.32%. In other words, the price has increased by $0.32 from its previous closing price. On the day, 1.04 million shares were traded. CNTM stock price reached its highest trading level at $0.6951 during the session, while it also had its lowest trading level at $0.6201.
Ratios:
Our goal is to gain a better understanding of CNTM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 0.19.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 19047382 and an Enterprise Value of 37421920. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.83. Its current Enterprise Value per Revenue stands at 1.718 whereas that against EBITDA is -4.876.
Stock Price History:
The Beta on a monthly basis for CNTM is 0.10, which has changed by -0.9416741 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, CNTM has reached a high of $12.47, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -8.55%, while the 200-Day Moving Average is calculated to be -49.34%.
Shares Statistics:
The stock has traded on average 3.61M shares per day over the past 3-months and 2804890 shares per day over the last 10 days, according to various share statistics. A total of 21.12M shares are outstanding, with a floating share count of 20.71M. Insiders hold about 41.68% of the company’s shares, while institutions hold 6.66% stake in the company. Shares short for CNTM as of 1743379200 were 263752 with a Short Ratio of 0.07, compared to 1740700800 on 433976. Therefore, it implies a Short% of Shares Outstanding of 263752 and a Short% of Float of 1.2.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
