Company’s 36-month beta value is 0.97.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MASS is 25.50M, and currently, short sellers hold a 5.43% ratio of that floaft. The average trading volume of MASS on December 24, 2024 was 239.98K shares.
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MASS) stock’s latest price update
The stock price of 908 Devices Inc (NASDAQ: MASS) has dropped by -2.89 compared to previous close of 1.90. Despite this, the company has seen a fall of -9.11% in its stock price over the last five trading days. businesswire.com reported 2024-12-19 that BOSTON–(BUSINESS WIRE)– #automation–Today, 908 Devices Inc. (Nasdaq: MASS) and Getinge announce their collaboration to integrate Getinge’s bioreactors with 908 Devices’ MAVEN for automated control of glucose and lactate levels in cell cultures. The combined solution will help scientists measure critical process parameters in bioreactors, offering continuous, real-time analysis without the need for manual sampling. In the field of bioprocessing, the continuous monitoring of glucose and lactate levels is cr.
MASS’s Market Performance
908 Devices Inc (MASS) has experienced a -9.11% fall in stock performance for the past week, with a -27.93% drop in the past month, and a -46.52% drop in the past quarter. The volatility ratio for the week is 9.64%, and the volatility levels for the past 30 days are at 8.35% for MASS. The simple moving average for the past 20 days is -19.07% for MASS’s stock, with a -60.24% simple moving average for the past 200 days.
Analysts’ Opinion of MASS
Many brokerage firms have already submitted their reports for MASS stocks, with Leerink Partners repeating the rating for MASS by listing it as a “Market Perform.” The predicted price for MASS in the upcoming period, according to Leerink Partners is $4 based on the research report published on November 13, 2024 of the current year 2024.
Stephens, on the other hand, stated in their research note that they expect to see MASS reach a price target of $14. The rating they have provided for MASS stocks is “Overweight” according to the report published on February 07th, 2023.
MASS Trading at -34.22% from the 50-Day Moving Average
After a stumble in the market that brought MASS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.25% of loss for the given period.
Volatility was left at 8.35%, however, over the last 30 days, the volatility rate increased by 9.64%, as shares sank -31.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.69% lower at present.
During the last 5 trading sessions, MASS fell by -8.87%, which changed the moving average for the period of 200-days by -72.22% in comparison to the 20-day moving average, which settled at $2.2800. In addition, 908 Devices Inc saw -83.56% 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 MASS starting from Knopp Kevin J., who purchase 10,000 shares at the price of $6.42 back on May 13 ’24. After this action, Knopp Kevin J. now owns 508,981 shares of 908 Devices Inc, valued at $64,200 using the latest closing price.
Knopp Kevin J., the President and CEO of 908 Devices Inc, purchase 10,000 shares at $5.77 during a trade that took place back on May 10 ’24, which means that Knopp Kevin J. is holding 498,981 shares at $57,700 based on the most recent closing price.
Stock Fundamentals for MASS
Current profitability levels for the company are sitting at:
- -1.2 for the present operating margin
- 0.48 for the gross margin
The net margin for 908 Devices Inc stands at -1.09. The total capital return value is set at -0.43. Equity return is now at value -40.00, with -31.12 for asset returns.
Currently, EBITDA for the company is -34.02 million with net debt to EBITDA at 0.67. When we switch over and look at the enterprise to sales, we see a ratio of 0.48. The receivables turnover for the company is 3.31for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.24.
Conclusion
In a nutshell, 908 Devices Inc (MASS) 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.
