Currently, 908 Devices Inc [MASS] is trading at $3.88, up 95.96%. 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 61.00% over the last week, with a monthly amount glided 55.20%, and seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $1.81 and a high of $7.56 over the last 52 weeks. 908 Devices Inc [NASDAQ: MASS] shares were valued at $3.88 at the most recent close of the market.
Analyzing the MASS fundamentals
Trailing Twelve Months sales for 908 Devices Inc [NASDAQ:MASS] were 55.16M which represents 17.32% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
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 3.3100 points at the first support level, and at 2.7500 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.2200, and for the 2nd resistance point, it is at 4.5700.
Ratios To Look Out For
To put it in perspective, the Current Ratio for 908 Devices Inc [NASDAQ:MASS] is 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 2.45, the price to book ratio is 1.03.
Transactions by insiders
Recent insider trading involved Griffith Joseph H. IV, Chief Financial Officer, that happened on Feb 03 ’25 when 10236.0 shares were sold. Chief Legal & Admin Officer, Turner Michael S. completed a deal on Feb 03 ’25 to sell 9672.0 shares. Meanwhile, President and CEO Knopp Kevin J. sold 16001.0 shares on Feb 03 ’25.
