A share price of Momentus Inc [MNTS] is currently trading at $8.28, up 24.70%. An important factor to consider is whether the stock is rising or falling in short-term value. The MNTS shares have gain 26.03% over the last week, with a monthly amount glided 2.35%, and seem to be holding up well over a long-time horizon.
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 $8.28 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.39.
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 6.89 points at the first support level, and at 5.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.34, and for the 2nd resistance point, it is at 10.39.
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 7.01.
