Momentus Inc (NASDAQ: MNTS) Is Up 37.5% From Its 52-Week Low; YTD, It Is Down -67.34% – What To Do Now

During the recent session, Momentus Inc (NASDAQ:MNTS)’s traded shares were 0.49 million, with the beta value of the company hitting 0.75. At the last check today, the stock’s price was $0.56, reflecting an intraday gain of 8.65% or $0.04. The 52-week high for the MNTS share is $4.58, that puts it down -717.86 from that peak though still a striking 37.5% gain since the share price plummeted to a 52-week low of $0.35. The company’s market capitalization is $14.43M, and the average intraday trading volume over the past 10 days was 1.55 million shares, and the average trade volume was 15.28 million shares over the past three months.

Momentus Inc (NASDAQ:MNTS) trade information

Momentus Inc (MNTS) registered a 8.65% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.65% in intraday trading to $0.56, hitting a weekly high. The stock’s 5-day price performance is 12.57%, and it has moved by 50.67% in 30 days. Based on these gigs, the overall price performance for the year is -84.60%. The short interest in Momentus Inc (NASDAQ:MNTS) is 1.86 million shares and it means that shorts have 0.07 day(s) to cover.

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Momentus Inc (MNTS) estimates and forecasts

In the rating firms’ projections, revenue will increase 933.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.02M as predicted by 1 analyst(s). As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 120k and 280k respectively.

MNTS Dividends

Momentus Inc is due to release its next quarterly earnings on 2023-Nov-14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.