The 36-month beta value for MNTS is also noteworthy at 0.81. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for MNTS is 2.25M, and at present, short sellers hold a 1.88% of that float. The average trading volume of MNTS on December 27, 2024 was 830.85K shares.
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MNTS) stock’s latest price update
The stock of Momentus Inc (NASDAQ: MNTS) has increased by 18.95 when compared to last closing price of 7.65.Despite this, the company has seen a gain of 12.48% in its stock price over the last five trading days. businesswire.com reported 2024-12-18 that SAN JOSE, Calif.–(BUSINESS WIRE)–Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, today announced the closing of its previously announced “reasonable best efforts” offering with a single institutional investor for the purchase and sale of 800,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 800,000 shares of.
MNTS’s Market Performance
Momentus Inc (MNTS) has experienced a 12.48% rise in stock performance for the past week, with a 10.36% rise in the past month, and a 21.27% rise in the past quarter. The volatility ratio for the week is 22.76%, and the volatility levels for the past 30 days are at 20.79% for MNTS. The simple moving average for the past 20 days is 22.68% for MNTS’s stock, with a 17.38% simple moving average for the past 200 days.
Analysts’ Opinion of MNTS
Many brokerage firms have already submitted their reports for MNTS stocks, with Evercore ISI repeating the rating for MNTS by listing it as a “Underperform.” The predicted price for MNTS in the upcoming period, according to Evercore ISI is $2 based on the research report published on July 05, 2022 of the previous year 2022.
Deutsche Bank, on the other hand, stated in their research note that they expect to see MNTS reach a price target of $10. The rating they have provided for MNTS stocks is “Buy” according to the report published on January 10th, 2022.
MNTS Trading at 15.53% 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 -68.14% of loss for the given period.
Volatility was left at 20.79%, however, over the last 30 days, the volatility rate increased by 22.76%, as shares surge +17.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.96% upper at present.
During the last 5 trading sessions, MNTS rose by +12.48%, which changed the moving average for the period of 200-days by +16.68% in comparison to the 20-day moving average, which settled at $7.42. In addition, Momentus Inc saw -62.43% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MNTS
Current profitability levels for the company are sitting at:
- -12.88 for the present operating margin
- 0.85 for the gross margin
The net margin for Momentus Inc stands at -13.04. The total capital return value is set at -464.92. Equity return is now at value -813.59, with -156.27 for asset returns.
Based on Momentus Inc (MNTS), the company’s capital structure generated -2.16 points at debt to capital in total, while cash flow to debt ratio is standing at -7.23. The debt to equity ratio resting at -0.68. The interest coverage ratio of the stock is -144.04.
Currently, EBITDA for the company is -64.6 million with net debt to EBITDA at -0.19. When we switch over and look at the enterprise to sales, we see a ratio of 10.06. The receivables turnover for the company is 6.99for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.
Conclusion
In summary, Momentus Inc (MNTS) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
