At the time of writing, ConnectM Technology Solutions Inc [CNTM] stock is trading at $0.69, up 10.06%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CNTM shares have gain 21.09% over the last week, with a monthly amount drifted -29.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of ConnectM Technology Solutions Inc fluctuated between $0.47 and $12.47. ConnectM Technology Solutions Inc [NASDAQ: CNTM] shares were valued at $0.69 at the most recent close of the market.
Analyzing the CNTM fundamentals
Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -1.02%, Pretax Profit Margin comes in at -4.18%, and Net Profit Margin reading is -4.3%. To continue investigating profitability, this company’s Return on Assets is posted at -1.9, Equity is -0.0 and Total Capital is 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.79.
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 0.5780 points at the first support level, and at 0.4670 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7895, and for the 2nd resistance point, it is at 0.8900.
Ratios To Look Out For
It is important to note that ConnectM Technology Solutions Inc [NASDAQ:CNTM] has a current ratio of 0.19. Further, the Quick Ratio stands at 0.18, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 3.73.
Transactions by insiders
Recent insider trading involved Choudhury Mahesh,, that happened on Dec 20 ’24 when 27800.0 shares were purchased., Choudhury Mahesh completed a deal on Dec 18 ’24 to buy 6900.0 shares. Meanwhile, Choudhury Mahesh bought 4300.0 shares on Dec 19 ’24.
