908 Devices Inc (NASDAQ:MASS) Is Looking Good Over The Long Term, Dropped Nearly -19.53% Over A Month.

In last trading session, 908 Devices Inc (NASDAQ:MASS) saw 0.62 million shares changing hands with its beta currently measuring 1.00. Company’s recent per share price level of $2.06 trading at $0.12 or 6.19% at ring of the bell on the day assigns it a market valuation of $71.74M. That closing price of MASS’s stock is at a discount of -507.28% from its 52-week high price of $12.51 and is indicating a premium of 11.65% from its 52-week low price of $1.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.19 million shares which gives us an average trading volume of 232.61K if we extend that period to 3-months.

For 908 Devices Inc (MASS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.37 in the current quarter.

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908 Devices Inc (NASDAQ:MASS) trade information

Upright in the green during last session for gaining 6.19%, in the last five days MASS remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $2.06 price level, adding 11.21% to its value on the day. 908 Devices Inc’s shares saw a change of -81.64% in year-to-date performance and have moved -0.96% in past 5-day. 908 Devices Inc (NASDAQ:MASS) showed a performance of -19.53% in past 30-days. Number of shares sold short was 1.38 million shares which calculate 3.57 days to cover the short interests.

908 Devices Inc (MASS) estimates and forecasts

Statistics highlight that 908 Devices Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -60.61% of value to its shares in past 6 months, showing an annual growth rate of -76.11% while that of industry is 15.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 13.44% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.18M for the same. And 3 analysts are in estimates of company making revenue of 13.43M in the next quarter. Company posted 14.35M and 9.99M 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 -31.19% during past 5 years.

908 Devices Inc (NASDAQ:MASS)’s Major holders

Insiders are in possession of 8.05% of company’s total shares while institution are holding 69.75 percent of that, with stock having share float percentage of 75.86%. Investors also watch the number of corporate investors in a company very closely, which is 69.75% institutions for 908 Devices Inc that are currently holding shares of the company. ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at MASS for having 3.94 million shares of worth $20.28 million. And as of 2024-06-30, it was holding 12.0377 of the company’s outstanding shares.

The second largest institutional holder is AMERIPRISE FINANCIAL INC, which was holding about 1.88 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.7552 of outstanding shares, having a total worth of $9.7 million.