In today’s recent session, 3.22 million shares of the Momentus Inc (NASDAQ:MNTS) have been traded, and its beta is 0.72. Most recently the company’s share price was $0.51, and it changed around $0.14 or 39.76% from the last close, which brings the market valuation of the company to $6.84M. MNTS at last check was trading at a discount to its 52-week high of $27.32, offering almost -5256.86% off that amount. The share price’s 52-week low was $0.35, which indicates that the recent value has risen by an impressive 31.37% since then. We note from Momentus Inc’s average daily trading volume that its 3-month average coming to 1.85 million.

Momentus Inc (NASDAQ:MNTS) trade information

Instantly MNTS has been showing a green trend so far today with a performance of 39.76% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -70.23% year-to-date, but still up 38.63% over the last five days. On the other hand, Momentus Inc (NASDAQ:MNTS) is 12.49% up in the 30-day period.

Momentus Inc (MNTS) estimates and forecasts

Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 82.30% in revenue this quarter, and will report an increase of 81.90% in the next quarter. The year-over-year growth rate is expected to be 926.80%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $1 million in revenue for the current quarter. 1 analysts expect Momentus Inc to make $950k in revenue for the quarter ending Mar 2024. The company’s sales for the same quarters a year ago were $120k and $280k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 733.30%. Forecasts for the next quarter put sales growth at 239.30%.