At the time of writing, 908 Devices Inc [MASS] stock is trading at $2.74, up 7.03%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MASS shares have gain 15.13% over the last week, with a monthly amount drifted -19.65%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
908 Devices Inc [NASDAQ: MASS] stock has seen the most recent analyst activity on November 13, 2024, when Leerink Partners downgraded its rating to a Market Perform and also revised its price target to $4 from $12. Previously, Stephens started tracking the stock with Overweight rating on February 07, 2023, and set its price target to $14. William Blair started tracking the stock assigning a Outperform rating. SVB Leerink initiated its recommendation with a Outperform and recommended $70 as its price target on January 12, 2021. Stifel started tracking with a Buy rating for this stock on January 12, 2021, and assigned it a price target of $65. In a note dated January 12, 2021, Cowen initiated an Outperform rating.
For the past year, the stock price of 908 Devices Inc fluctuated between $2.19 and $12.51. 908 Devices Inc [NASDAQ: MASS] shares were valued at $2.74 at the most recent close of the market.
Analyzing the MASS fundamentals
According to 908 Devices Inc [NASDAQ:MASS], the company’s sales were 55.16M for trailing twelve months, which represents an 17.32% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at -1.2%, Pretax Profit Margin comes in at -1.09%, and Net Profit Margin reading is -1.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -0.39 and Total Capital is -0.43.
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 2.57 points at the first support level, and at 2.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.87, and for the 2nd resistance point, it is at 2.99.
Ratios To Look Out For
It is important to note that 908 Devices Inc [NASDAQ:MASS] has a current ratio of 4.24. Also, the Quick Ratio is 3.54, while the Cash Ratio stands at 1.75. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 0.73.
Transactions by insiders
Recent insider trading involved Knopp Kevin J., President and CEO, that happened on May 13 ’24 when 10000.0 shares were purchased. President and CEO, Knopp Kevin J. completed a deal on May 10 ’24 to buy 10000.0 shares. Meanwhile, President and CEO Knopp Kevin J. bought 10000.0 shares on May 09 ’24.
