Momentus Inc (NASDAQ: MNTS) is -67.46% lower on its value in year-to-date trading and has touched a low of $0.35 and a high of $3.16 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 $0.58 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.56, the stock is -2.55% and 0.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -2.96% at the moment leaves the stock -2.13% off its SMA200. MNTS registered -81.48% loss for a year compared to 6-month loss of 6.29%. The firm has a 50-day simple moving average (SMA 50) of $0.55824 and a 200-day simple moving average (SMA200) of $0.57529.
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The stock witnessed a 6.39% gain in the last 1 month and extending the period to 3 months gives it a -46.89%, and is -10.92% 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 12.93% over the week and 15.54% over the month.
Profit margin for the company is -1303.93%. Distance from 52-week low is 60.86% and -82.18% from its 52-week high.
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Momentus Inc (MNTS) Top Institutional Holders
38.0 institutions hold shares in Momentus Inc (MNTS), with institutional investors hold 2.34% of the company’s shares. The shares outstanding are 25.54M, and float is at 23.83M with Short Float at 5.89%. Institutions hold 2.19% 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.
