Momentus Inc (NASDAQ: MNTS) Stock: More Upside Ahead?

In the latest trading session, 0.49 million Momentus Inc (NASDAQ:MNTS) shares changed hands as the company’s beta touched 0.86. With the company’s most recent per share price at $5.30 changed hands at -$0.28 or -5.02% at last look, the market valuation stands at $14.73M. MNTS’s current price is a discount, trading about -438.87% off its 52-week high of $28.56. The share price had its 52-week low at $4.50, which suggests the last value was 15.09% up since then. When we look at Momentus Inc’s average trading volume, we note the 10-day average is 0.2 million shares, with the 3-month average coming to 263.61K.

Momentus Inc (NASDAQ:MNTS) trade information

Instantly MNTS was in red as seen in intraday trades today. With action -14.24%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -33.16%, with the 5-day performance at -14.24% in the red. However, in the 30-day time frame, Momentus Inc (NASDAQ:MNTS) is -35.44% down. Looking at the short shares, we see there were 1.4 million shares sold at short interest cover period of 0.06 days.

MNTS Dividends

Momentus Inc is expected to release its next quarterly earnings report in March.

Momentus Inc (NASDAQ:MNTS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 6.51% of Momentus Inc shares while 2.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.34%.

Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund. With 6.78 shares estimated at $36324.0 under it, the former controlled 0.24% of total outstanding shares. On the other hand, Fidelity Total Market Index Fund held about 0.11% of the shares, roughly 3.17 shares worth around $16994.0.