At the time of writing, Momentus Inc [MNTS] stock is trading at $0.55, up 11.36%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MNTS shares have gain 13.85% over the last week, with a monthly amount drifted -47.95%, and not 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.
For the past year, the stock price of Momentus Inc fluctuated between $0.35 and $5.95. Momentus Inc [NASDAQ: MNTS] shares were valued at $0.55 at the most recent close of the market.
Analyzing the MNTS fundamentals
According to Momentus Inc [NASDAQ:MNTS], the company’s sales were 3.09M for trailing twelve months, which represents an 752.50% jump. 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 0.4945 points at the first support level, and at 0.4372 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6045, and for the 2nd resistance point, it is at 0.6572.
Ratios To Look Out For
It is important to note that Momentus Inc [NASDAQ:MNTS] has a current ratio of 0.97. Further, the Quick Ratio stands at 0.97, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 4.56, the price to book ratio is 1.43.
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.
