Currently, there are 2.78M common shares owned by the public and among those 2.64M shares have been available to trade.
The company’s stock has a 5-day price change of -19.98% and -43.80% over the past three months. MNTS shares are trading -43.69% year to date (YTD), with the 12-month market performance down to -66.64% lower. It has a 12-month low price of $3.60 and touched a high of $28.56 over the same period. MNTS has an average intraday trading volume of 290.04K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -26.30%, -36.54%, and -43.03% respectively.
Institutional ownership of Momentus Inc (NASDAQ: MNTS) shares accounts for 8.77% of the company’s 2.78M shares outstanding.
It has a market capitalization of $12.41M and a beta (3y monthly) value of 0.89. The earnings-per-share (ttm) stands at -$45.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 26.81% over the week and 14.81% over the month.
Analysts forecast that Momentus Inc (MNTS) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0.
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.
