Momentus Inc (MNTS)’s latest quarter sales figures and margins explained

A share price of Momentus Inc [MNTS] is currently trading at $8.09, up 3.19%. An important factor to consider is whether the stock is rising or falling in short-term value. The MNTS shares have gain 40.94% over the last week, with a monthly amount drifted -8.57%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 $4.50 and $28.56. Momentus Inc [NASDAQ: MNTS] shares were valued at $8.09 at the most recent close of the market.

Analyzing the MNTS fundamentals

Trailing Twelve Months sales for Momentus Inc [NASDAQ:MNTS] were 2.85M which represents -68.44% decline. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -12.88%, Pretax Profit Margin comes in at -13.04%, and Net Profit Margin reading is -13.04%. To continue investigating profitability, this company’s Return on Assets is posted at -2.64, Equity is 281.73 and Total Capital is -464.92. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.68.

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 6.21 points at the first support level, and at 4.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.83, and for the 2nd resistance point, it is at 13.58.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Momentus Inc [NASDAQ:MNTS] is 0.38. On the other hand, the Quick Ratio is 0.38, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 6.19.

Related Posts