Markforged Holding Corporation (MKFG) concluded trading on Thursday at a closing price of $4.75, with 4.49 million shares of worth about $21.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.48% during that period and on September 25, 2024 the price saw a gain of about 73.99%. Currently the company’s common shares owned by public are about 19.86M shares, out of which, 11.27M shares are available for trading.
Stock saw a price change of 163.74% in past 5 days and over the past one month there was a price change of 82.90%. Year-to-date (YTD), MKFG shares are showing a performance of -42.07% which decreased to -63.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.57 but also hit the highest price of $14.70 during that period. The average intraday trading volume for Markforged Holding Corporation shares is 90.12K. The stock is currently trading 115.72% above its 20-day simple moving average (SMA20), while that difference is up 67.35% for SMA50 and it goes to -12.43% lower than SMA200.
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Markforged Holding Corporation (NYSE: MKFG) currently have 19.86M outstanding shares and institutions hold larger chunk of about 39.76% of that.
The stock has a current market capitalization of $96.52M and its 3Y-monthly beta is at 1.47. It has posted earnings per share of -$5.84 in the same period. It has Quick Ratio of 2.19 while making debt-to-equity ratio of 0.35. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MKFG, volatility over the week remained 39.78% while standing at 17.49% over the month.
Stock’s fiscal year EPS is expected to rise by 25.17% while it is estimated to increase by 52.09% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on October 25, 2023 offering a Hold rating for the stock and assigned a target price range of between $2.50 and $1 to it. On August 17, 2022, Credit Suisse Initiated their recommendations, while on December 21, 2021, Goldman Initiated their ratings for the stock with a price target of $6.50. Stock get a Buy rating from Craig Hallum on December 14, 2021.
