Momentus Inc (MNTS) Stock: A Closer Look

A share price of Momentus Inc [MNTS] is currently trading at $1.05, up 82.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MNTS shares have gain 90.60% over the last week, with a monthly amount glided 93.01%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Momentus Inc [NASDAQ: MNTS] stock has seen the most recent analyst activity on July 05, 2022, when Evercore ISI initiated its Underperform rating and assigned the stock a price target of $2. Previously, Deutsche Bank started tracking the stock with Buy rating on January 10, 2022, and set its price target to $10.

Momentus Inc experienced fluctuations in its stock price throughout the past year between $0.35 and $12.46. Momentus Inc [NASDAQ: MNTS] shares were valued at $1.05 at the most recent close of the market.

Analyzing the MNTS fundamentals

Trailing Twelve Months sales for Momentus Inc [NASDAQ:MNTS] were 3.09M which represents 752.50% growth. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -22.07%, Pretax Profit Margin comes in at -22.31%, and Net Profit Margin reading is -22.76%. To continue investigating profitability, this company’s Return on Assets is posted at -3.4, Equity is -5.72 and Total Capital is -7.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6153 points at the first support level, and at 0.1807 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7623, and for the 2nd resistance point, it is at 2.4747.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Momentus Inc [NASDAQ:MNTS] is 0.97. As well, the Quick Ratio is 0.97, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 5.65, the price to book ratio is 2.73.

Transactions by insiders

Recent insider trading involved Kabot Brian, Director, that happened on Dec 01 ’23 when 400.0 shares were sold. Director, Kabot Brian completed a deal on Nov 01 ’23 to sell 400.0 shares. Meanwhile, Director Kabot Brian sold 400.0 shares on Oct 02 ’23.

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