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Montauk Renewables Inc (NASDAQ: MNTK) closed the day trading at $3.30 up 11.11% from the previous closing price of $2.97. In other words, the price has increased by $11.11 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
For a better understanding of MNTK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.18.
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, Scotiabank on September 03, 2024, Downgraded its rating to Sector Perform and sets its target price to $6 from $8 previously.
On November 13, 2023, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform but kept the price unchanged to $9.
On September 29, 2023, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $9.Scotiabank initiated its Sector Perform rating on September 29, 2023, with a $9 target price.
Valuation Measures:
As of this moment, Montauk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.46, and their Forward P/E ratio for the next fiscal year is 14.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 1.71.
Stock Price History:
Over the past 52 weeks, MNTK has reached a high of $6.22, while it has fallen to a 52-week low of $2.97. The 50-Day Moving Average of the stock is -20.57%, while the 200-Day Moving Average is calculated to be -31.36%.
Shares Statistics:
A total of 142.57M shares are outstanding, with a floating share count of 45.63M. Insiders hold about 68.17% of the company’s shares, while institutions hold 15.79% stake in the company.
