Momentus Inc [MNTS] stock prices are down -18.32% to $1.56 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MNTS shares have gain 35.65% over the last week, with a monthly amount glided 26.32%, 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.
The stock price of Momentus Inc [MNTS] has been fluctuating between $1.03 and $28.56 over the past year. Momentus Inc [NASDAQ: MNTS] shares were valued at $1.56 at the most recent close of the market.
Analyzing the MNTS fundamentals
The Momentus Inc [NASDAQ:MNTS] reported sales of 1.92M for trailing twelve months, representing a drop of -37.23%. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at -14.32%, Pretax Profit Margin comes in at -17.06%, and Net Profit Margin reading is -17.06%. To continue investigating profitability, this company’s Return on Assets is posted at -2.8, Equity is 6.25 and Total Capital is 5.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.77.
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 1.4533 points at the first support level, and at 1.3467 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7233, and for the 2nd resistance point, it is at 1.8867.
Ratios To Look Out For
It’s worth pointing out that Momentus Inc [NASDAQ:MNTS]’s Current Ratio is 0.40. Also, the Quick Ratio is 0.40, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 7.40.
