In the last trading session, 43.56 million shares of the 908 Devices Inc (NASDAQ:MASS) were traded, and its beta was 1.01. Most recently the company’s share price was $3.27, and it changed around $1.29 or 65.15% from the last close, which brings the market valuation of the company to $113.87M. MASS currently trades at a discount to its 52-week high of $7.56, offering almost -131.19% off that amount. The share price’s 52-week low was $1.81, which indicates that the current value has risen by an impressive 44.65% since then.
908 Devices Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended MASS as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. 908 Devices Inc is expected to report earnings per share of -0.35 for the current quarter.
908 Devices Inc (NASDAQ:MASS) trade information
Instantly MASS has showed a green trend with a performance of 65.15% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.7900 on recent trading dayincreased the stock’s daily price by 13.72%. The company’s shares are currently up 48.64% year-to-date, but still up 35.68% over the last five days. On the other hand, 908 Devices Inc (NASDAQ:MASS) is 30.80% up in the 30-day period.
908 Devices Inc (MASS) estimates and forecasts
The year-over-year growth rate is expected to be 15.19%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 13.34M in revenue for the current quarter. 3 analysts expect 908 Devices Inc to make 15.36M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 9.99M and 14.05M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 33.55%. Forecasts for the next quarter put sales growth at 9.35%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -31.19%. 908 Devices Inc earnings are expected to increase by -55.31% in 2025, but the outlook is negative -0.44% per year for the next five years.
908 Devices Inc (NASDAQ:MASS)’s Major holders
AMERIPRISE FINANCIAL INC, with 5.7552% or 1.88 million shares worth $9.7 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
ARK ETF Tr-ARK Genomic Revolution ETF and Columbia Fds Ser Tr I-Columbia Small Cap Growth Fd I were the top two Mutual Funds as of Dec 31, 2024. The former held 2.75 shares worth $9.06 million, making up 7.91% of all outstanding shares. On the other hand, Columbia Fds Ser Tr I-Columbia Small Cap Growth Fd I held roughly 1.52 shares worth around $5.01 million, which represents about 4.37% of the total shares outstanding.
