908 Devices Inc (MASS) concluded trading on Wednesday at a closing price of $2.91, with 12.11 million shares of worth about $35.24 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -52.84% during that period and on January 15, 2025 the price saw a gain of about 46.97%. Currently the company’s common shares owned by public are about 34.71M shares, out of which, 25.44M shares are available for trading.
Stock saw a price change of 36.62% in past 5 days and over the past one month there was a price change of 37.26%. Year-to-date (YTD), MASS shares are showing a performance of 32.27% which decreased to -62.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.81 but also hit the highest price of $8.50 during that period. The average intraday trading volume for 908 Devices Inc shares is 335.38K. The stock is currently trading 36.97% above its 20-day simple moving average (SMA20), while that difference is up 16.48% for SMA50 and it goes to -32.92% lower than SMA200.
908 Devices Inc (NASDAQ: MASS) currently have 34.71M outstanding shares and institutions hold larger chunk of about 49.94% of that.
The stock has a current market capitalization of $101.34M and its 3Y-monthly beta is at 0.96. It has posted earnings per share of -$1.78 in the same period. It has Quick Ratio of 3.54 while making debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MASS, volatility over the week remained 14.05% while standing at 10.51% over the month.
Analysts are in expectations that 908 Devices Inc (MASS) stock would likely to be making an EPS of -0.37 in the current quarter, while forecast for next quarter EPS is -0.37 and it is -1.28 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.39 which is -0.34 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.23 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -48.32% while it is estimated to increase by 25.01% 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 Leerink Partners on November 13, 2024 offering a Market perform rating for the stock and assigned a target price range of between $12 and $4 to it. Coverage by Stephens stated 908 Devices Inc (MASS) stock as an Overweight in their note to investors on February 07, 2023, suggesting a price target of $14 for the stock. Stock get an Outperform rating from SVB Leerink on January 12, 2021.
