Currently, there are 11.97M common shares owned by the public and among those 11.71M shares have been available to trade.
Insiders at the company have transacted a total of 71 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 12 of these insider trades were purchases, accounting for 910,640 shares. Insider sales of the common stock occurred on 59 occasions, with total insider shares sold totaling 3,216,480 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
However, the script later moved the day high at 0.9637, down -3.85%. The company’s stock has a 5-day price change of 5.00% and -73.40% over the past three months. MNTS shares are trading -56.65% year to date (YTD), with the 12-month market performance down to -98.10% lower. It has a 12-month low price of $0.53 and touched a high of $40.11 over the same period. MNTS has an average intraday trading volume of 1.54 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.01%, -27.62%, and -89.67% respectively.
Institutional ownership of Momentus Inc (NASDAQ: MNTS) shares accounts for 8.83% of the company’s 11.97M shares outstanding.
It has a market capitalization of $8.98M and a beta (3y monthly) value of 0.76. The earnings-per-share (ttm) stands at -$43.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 14.72% over the week and 15.18% over the month.
Analysts forecast that Momentus Inc (MNTS) will achieve an EPS of -$2.21 for the current quarter, -$2.17 for the next quarter and -$9.06 for 2024. The lowest estimate earnings-per-share for the quarter is -$2.21 while analysts give the company a high EPS estimate of -$2.21. Comparatively, EPS for the current quarter was -$12.5 a year ago. Earnings per share for the fiscal year are expected to increase by 83.18%, and 7.93% over the next financial year.
Looking at the support for the MNTS, a number of firms have released research notes about the stock. Evercore ISI stated their Underperform rating for the stock in a research note on July 05, 2022, with the firm’s price target at $2. Deutsche Bank coverage for the Momentus Inc (MNTS) stock in a research note released on January 10, 2022 offered a Buy rating with a price target of $10.
