Momentus Inc (NASDAQ:MNTS) Has Already Recovered 58.82%, But Another -889.41% Drop Cannot Be Ruled Out.

In recent trading session, Momentus Inc (NASDAQ:MNTS) saw 1.06 million shares changing hands at last check today with its beta currently measuring 0.77. Company’s recent per share price level of $0.85 trading at $0.06 or 7.00% at last check today assigns it a market valuation of $14.13M. That most recent trading price of MNTS’s stock is at a discount of -889.41% from its 52-week high price of $8.41 and is indicating a premium of 58.82% from its 52-week low price of $0.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 37.7 million shares which gives us an average trading volume of 6.27 million if we extend that period to 3-months.

Momentus Inc (NASDAQ:MNTS) trade information

Upright in the green today for gaining 7.00%, in the last five days MNTS remained trading in the red while hitting it’s week-highest on Thursday, 08/29/24 when the stock touched $0.85 price level, adding 14.13% to its value on the day. Momentus Inc’s shares saw a change of -50.90% in year-to-date performance and have moved -0.64% in past 5-day. Momentus Inc (NASDAQ:MNTS) showed a performance of 66.08% in past 30-days. Number of shares sold short was 0.39 million shares which calculate 1.11 days to cover the short interests.

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Momentus Inc (MNTS) estimates and forecasts

This year revenue growth is estimated to rise 933.10% 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 1.02M for the same. And 1 analysts are in estimates of company making revenue of 950k in the next quarter. Company posted 120k and 280k of sales in current and next quarters respectively a year earlier.

Momentus Inc (NASDAQ:MNTS)’s Major holders

Insiders are in possession of 11.67% of company’s total shares while institution are holding 1.66 percent of that, with stock having share float percentage of 1.88%. Investors also watch the number of corporate investors in a company very closely, which is 1.66% institutions for Momentus Inc that are currently holding shares of the company.