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After finishing at $5.19 in the prior trading day, Montauk Renewables Inc (NASDAQ: MNTK) closed at $4.11, down -20.81%. In other words, the price has decreased by -$20.81 from its previous closing price. On the day, 0.81 million shares were traded. MNTK stock price reached its highest trading level at $5.78 during the session, while it also had its lowest trading level at $4.0.
Ratios:
Our goal is to gain a better understanding of MNTK by taking a closer 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNTK now has a Market Capitalization of 590249408 and an Enterprise Value of 592357952. As of this moment, Montauk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.97, and their Forward P/E ratio for the next fiscal year is 14.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 3.04 whereas that against EBITDA is 10.208.
Stock Price History:
Over the past 52 weeks, MNTK has reached a high of $9.75, while it has fallen to a 52-week low of $3.38. The 50-Day Moving Average of the stock is -21.20%, while the 200-Day Moving Average is calculated to be -18.75%.
Shares Statistics:
The stock has traded on average 188.21K shares per day over the past 3-months and 202730 shares per day over the last 10 days, according to various share statistics. A total of 141.99M shares are outstanding, with a floating share count of 45.68M. Insiders hold about 68.19% of the company’s shares, while institutions hold 16.60% stake in the company. Shares short for MNTK as of 1730332800 were 1833914 with a Short Ratio of 9.74, compared to 1727654400 on 1769279. Therefore, it implies a Short% of Shares Outstanding of 1833914 and a Short% of Float of 3.9800000000000004.
