Momentus Inc. (NASDAQ:MNTS) went down by -15.48% from its latest closing price compared to the recent 1-year high of $29.18. The company’s stock price has collected -33.78% of loss in the last five trading sessions. Press Release reported on 11/09/21 that Momentus Inc. Announces Third Quarter 2021 Financial Results
Is It Worth Investing in Momentus Inc. (NASDAQ :MNTS) Right Now?
Momentus Inc. (NASDAQ:MNTS) scored a price-to-earnings ratio above its average ratio, recording 3.59 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Momentus Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
MNTS currently public float of 43.12M and currently shorts hold a 6.33% ratio of that float. Today, the average trading volume of MNTS was 440.43K shares.
MNTS’s Market Performance
MNTS stocks went down by -33.78% for the week, with a monthly drop of -36.24% and a quarterly performance of -23.47%, while its annual performance rate touched -35.70%. The volatility ratio for the week stands at 10.59% while the volatility levels for the past 30 days are set at 6.29% for Momentus Inc.. The simple moving average for the period of the last 20 days is -34.63% for MNTS stocks with a simple moving average of -43.95% for the last 200 days.
MNTS Trading at -35.92% from the 50-Day Moving Average
After a stumble in the market that brought MNTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.42% of loss for the given period.
Volatility was left at 6.29%, however, over the last 30 days, the volatility rate increased by 10.59%, as shares sank -35.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.35% lower at present.
During the last 5 trading sessions, MNTS fell by -33.78%, which changed the moving average for the period of 200-days by -74.91% in comparison to the 20-day moving average, which settled at $10.34. In addition, Momentus Inc. saw -61.69% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MNTS
Equity return is now at value 96.90, with 71.10 for asset returns.