The stock of Xometry Inc (NASDAQ: XMTR) has increased by 0.08 when compared to last closing price of 12.54.Despite this, the company has seen a loss of -8.86% in its stock price over the last five trading days. accesswire.com reported 2024-06-18 that LOS ANGELES, CA / ACCESSWIRE / June 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Xometry, Inc. (“Xometry” or “the Company”) (NASDAQ:XMTR) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Is It Worth Investing in Xometry Inc (NASDAQ: XMTR) Right Now?
Company’s 36-month beta value is 0.53.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for XMTR is 40.79M, and currently, short sellers hold a 10.36% ratio of that floaft. The average trading volume of XMTR on June 19, 2024 was 622.26K shares.
XMTR’s Market Performance
The stock of Xometry Inc (XMTR) has seen a -8.86% decrease in the past week, with a -22.67% drop in the past month, and a -26.61% fall in the past quarter. The volatility ratio for the week is 5.02%, and the volatility levels for the past 30 days are at 5.24% for XMTR. The simple moving average for the last 20 days is -15.40% for XMTR’s stock, with a simple moving average of -41.29% for the last 200 days.
Analysts’ Opinion of XMTR
Many brokerage firms have already submitted their reports for XMTR stocks, with Cantor Fitzgerald repeating the rating for XMTR by listing it as a “Underweight.” The predicted price for XMTR in the upcoming period, according to Cantor Fitzgerald is $13 based on the research report published on June 05, 2024 of the current year 2024.
JMP Securities, on the other hand, stated in their research note that they expect to see XMTR reach a price target of $20. The rating they have provided for XMTR stocks is “Mkt Outperform” according to the report published on April 10th, 2023.
RBC Capital Mkts gave a rating of “Sector Perform” to XMTR, setting the target price at $21 in the report published on March 02nd of the previous year.
XMTR Trading at -22.07% from the 50-Day Moving Average
After a stumble in the market that brought XMTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.60% of loss for the given period.
Volatility was left at 5.24%, however, over the last 30 days, the volatility rate increased by 5.02%, as shares sank -22.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.31% lower at present.
During the last 5 trading sessions, XMTR fell by -8.86%, which changed the moving average for the period of 200-days by -34.12% in comparison to the 20-day moving average, which settled at $14.65. In addition, Xometry Inc saw -65.05% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at XMTR starting from Dutt Subir, who purchase 10,000 shares at the price of $15.27 back on May 31 ’24. After this action, Dutt Subir now owns 5,000 shares of Xometry Inc, valued at $152,693 using the latest closing price.
Dutt Subir, the Chief Sales Officer of Xometry Inc, purchase 10,000 shares at $15.55 during a trade that took place back on May 30 ’24, which means that Dutt Subir is holding 46,864 shares at $155,500 based on the most recent closing price.
Stock Fundamentals for XMTR
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.38 for the gross margin
The net margin for Xometry Inc stands at -0.14. The total capital return value is set at -0.11. Equity return is now at value -19.29, with -9.28 for asset returns.
Based on Xometry Inc (XMTR), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at -0.09. The debt to equity ratio resting at 0.9. The interest coverage ratio of the stock is -29.49.
Currently, EBITDA for the company is -44.34 million with net debt to EBITDA at -4.51. When we switch over and look at the enterprise to sales, we see a ratio of 1.8. The receivables turnover for the company is 6.94for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.31.
Conclusion
In a nutshell, Xometry Inc (XMTR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
