In last trading session, Meta Materials Inc (NASDAQ:MMAT) saw 0.32 million shares changing hands with its beta currently measuring 1.46. Company’s recent per share price level of $3.35 trading at -$0.25 or -6.94% at ring of the bell on the day assigns it a market valuation of $22.44M. That closing price of MMAT’s stock is at a discount of -769.25% from its 52-week high price of $29.12 and is indicating a premium of 46.27% from its 52-week low price of $1.80. Taking a look at company’s average trading volume volume of 349.16K if we extend that period to 3-months.

Meta Materials Inc (NASDAQ:MMAT) trade information

Upright in the red during last session for losing -6.94%, in the last five days MMAT remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $3.35 price level, adding 11.61% to its value on the day. Meta Materials Inc’s shares saw a change of -49.24% in year-to-date performance and have moved 6.01% in past 5-day. Meta Materials Inc (NASDAQ:MMAT) showed a performance of 8.77% in past 30-days.

Meta Materials Inc (MMAT) estimates and forecasts

This year revenue growth is estimated to fall -28.00% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.7M for the same. And 1 analysts are in estimates of company making revenue of 3.9M in the next quarter. Company posted 1.45M and 3.27M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -32.52% during past 5 years.

MMAT Dividends

Meta Materials Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.