In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Momentus Inc (NASDAQ: MNTS) closed the day trading at $1.41 down -7.84% from the previous closing price of $1.53. In other words, the price has decreased by -$7.84 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
For a better understanding of MNTS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40.
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 this company, Evercore ISI on July 05, 2022, initiated with a Underperform rating and assigned the stock a target price of $2.
On January 10, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $10.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.07.
Stock Price History:
Over the past 52 weeks, MNTS has reached a high of $28.56, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is -21.53%, while the 200-Day Moving Average is calculated to be -74.14%.
Shares Statistics:
A total of 5.54M shares are outstanding, with a floating share count of 5.33M. Insiders hold about 3.74% of the company’s shares, while institutions hold 7.18% stake in the company.
