Momentus Inc (NASDAQ: MNTS) is -66.47% lower on its value in year-to-date trading and has touched a low of $0.35 and a high of $5.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MNTS stock was last observed hovering at around $0.57 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.58, the stock is -20.59% and -6.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.99 million and changing 1.42% at the moment leaves the stock -29.50% off its SMA200. MNTS registered -82.74% loss for a year compared to 6-month gain of 25.78%.
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The stock witnessed a 13.90% loss in the last 1 month and extending the period to 3 months gives it a 14.31%, and is -13.39% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 21.20% over the week and 28.12% over the month.
Profit margin for the company is -2231.14%. Distance from 52-week low is 65.74% and -90.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-856.15%).
with sales reaching $1.02M over the same period., but quarterly earnings will post 933.10% year-over-year. Quarterly sales are estimated to grow 752.50% in year-over-year returns.
Momentus Inc (MNTS) Top Institutional Holders
37.0 institutions hold shares in Momentus Inc (MNTS), with institutional investors hold 14.03% of the company’s shares. The shares outstanding are 25.54M, and float is at 22.51M with Short Float at 9.95%. Institutions hold 12.39% of the Float.
Momentus Inc (MNTS) Insider Activity
The most recent transaction is an insider sale by Kabot Brian, the company’s Director. SEC filings show that Kabot Brian sold 400 shares of the company’s common stock on Dec 01 ’23 at a price of $2.60 per share for a total of $1040.0. Following the sale, the insider now owns 3782.0 shares.
Momentus Inc disclosed in a document filed with the SEC on Nov 01 ’23 that Kabot Brian (Director) sold a total of 400 shares of the company’s common stock. The trade occurred on Nov 01 ’23 and was made at $3.50 per share for $1400.0. Following the transaction, the insider now directly holds 4182.0 shares of the MNTS stock.
Still, SEC filings show that on Oct 02 ’23, Kabot Brian (Director) disposed off 400 shares at an average price of $2.17 for $868.0. The insider now directly holds 4,582 shares of Momentus Inc (MNTS).
