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In the latest session, Markforged Holding Corporation (NYSE: MKFG) closed at $4.75 up 73.99% from its previous closing price of $2.73. In other words, the price has increased by $73.99 from its previous closing price. On the day, 4.49 million shares were traded. MKFG stock price reached its highest trading level at $4.8798 during the session, while it also had its lowest trading level at $2.865.
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 2.19 and its Current Ratio is at 2.61. In the meantime, Its Debt-to-Equity ratio is 0.35 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 96543272 and an Enterprise Value of 63934200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.739 whereas that against EBITDA is -0.983.
Stock Price History:
Over the past 52 weeks, MKFG has reached a high of $14.70, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 67.35%, while the 200-Day Moving Average is calculated to be -12.43%.
Shares Statistics:
For the past three months, MKFG has traded an average of 90.12K shares per day and 788213 over the past ten days. A total of 19.86M shares are outstanding, with a floating share count of 11.27M. Insiders hold about 44.54% of the company’s shares, while institutions hold 39.76% stake in the company. Shares short for MKFG as of 1724976000 were 254874 with a Short Ratio of 3.29, compared to 1722384000 on 306050. Therefore, it implies a Short% of Shares Outstanding of 254874 and a Short% of Float of 2.69.
