Maris Tech Ltd (NASDAQ: MTEK) is 356.73% higher on its value in year-to-date trading and has touched a low of $1.01 and a high of $5.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MTEK stock was last observed hovering at around $4.64 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $4.84, the stock is 57.22% and 105.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 4.31% at the moment leaves the stock 173.08% off its SMA200. MTEK registered 327.93% gain for a year compared to 6-month gain of 279.51%. The firm has a 50-day simple moving average (SMA 50) of $2.30108 and a 200-day simple moving average (SMA200) of $1.755425.
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The stock witnessed a 177.78% loss in the last 1 month and extending the period to 3 months gives it a 181.07%, and is 47.52% up 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 25.53% over the week and 17.60% over the month.
Maris Tech Ltd (MTEK) has around 13 employees, a market worth around $37.43M and $6.97M in sales. Profit margin for the company is -4.50%. Distance from 52-week low is 379.21% and -8.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.05%).
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Maris Tech Ltd (MTEK) Top Institutional Holders
The shares outstanding are 7.88M, and float is at 4.36M with Short Float at 2.49%.
The top institutional shareholder in the company is AMH EQUITY LTD with over 0.45 million shares valued at $0.67 million. The investor’s holdings represent 5.7308% of the MTEK Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 0.1 million shares valued at $0.16 million to account for 1.3265 of the shares outstanding.
Maris Tech Ltd (MTEK) Insider Activity
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