908 Devices Inc [MASS] stock prices are down -8.31% to $2.76 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MASS shares have gain 23.21% over the last week, with a monthly amount glided 4.15%, 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.
The stock price of 908 Devices Inc [MASS] has been fluctuating between $1.81 and $7.56 over the past year. 908 Devices Inc [NASDAQ: MASS] shares were valued at $2.76 at the most recent close of the market.
Analyzing the MASS fundamentals
The 908 Devices Inc [NASDAQ:MASS] reported sales of 59.63M for trailing twelve months, representing a surge of 31.14%. 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 2.66 points at the first support level, and at 2.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.97, and for the 2nd resistance point, it is at 3.17.
Ratios To Look Out For
It’s worth pointing out that 908 Devices Inc [NASDAQ:MASS]’s Current Ratio is 4.10. On the other hand, the Quick Ratio is 3.45, and the Cash Ratio is 1.75. Considering the valuation of this stock, the price to sales ratio is 1.61, the price to book ratio is 0.85.
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.
