Marti Technologies Inc. (AMEX: MRT) has a price-to-earnings ratio of 16.20x that is above its average ratio. Additionally, the 36-month beta value for MRT is 0.34. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 1 rating it as “sell.”
The public float for MRT is 13.38M and currently, short sellers hold a 1.51% ratio of that float. The average trading volume of MRT on April 08, 2024 was 158.44K shares.
MRT) stock’s latest price update
Marti Technologies Inc. (AMEX: MRT)’s stock price has soared by 28.19 in relation to previous closing price of 0.85. Nevertheless, the company has seen a gain of 32.93% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-15 that Morguard Real Estate Investment Trust (MGRUF) Q4 2023 Earnings Call Transcript
MRT’s Market Performance
Marti Technologies Inc. (MRT) has experienced a 32.93% rise in stock performance for the past week, with a 34.20% rise in the past month, and a 66.16% rise in the past quarter. The volatility ratio for the week is 13.18%, and the volatility levels for the past 30 days are at 7.97% for MRT. The simple moving average for the past 20 days is 35.76% for MRT’s stock, with a -28.63% simple moving average for the past 200 days.
MRT Trading at 33.80% from the 50-Day Moving Average
After a stumble in the market that brought MRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.85% of loss for the given period.
Volatility was left at 7.97%, however, over the last 30 days, the volatility rate increased by 13.18%, as shares surge +34.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.57% upper at present.
During the last 5 trading sessions, MRT rose by +32.93%, which changed the moving average for the period of 200-days by -89.65% in comparison to the 20-day moving average, which settled at $0.8169. In addition, Marti Technologies Inc. saw 67.69% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MRT
The total capital return value is set at -0.01. Equity return is now at value 0.85, with 0.81 for asset returns.
Currently, EBITDA for the company is -0.84 million with net debt to EBITDA at 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.
Conclusion
In conclusion, Marti Technologies Inc. (MRT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
