In the last trading session, 1.29 million 908 Devices Inc (NASDAQ:MASS) shares changed hands as the company’s beta touched 0.44. With the company’s per share price at $4.58 changed hands at $0.47 or 11.44% during last session, the market valuation stood at $161.82M. MASS’s last price was a discount, traded about -65.07% off its 52-week high of $7.56. The share price had its 52-week low at $1.81, which suggests the last value was 60.48% up since then. When we look at 908 Devices Inc’s average trading volume, we note the 10-day average is 15.57 million shares, with the 3-month average coming to 3.15 million.
Analysts gave the 908 Devices Inc (MASS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.50. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended MASS as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. 908 Devices Inc’s EPS for the current quarter is expected to be -0.25.
908 Devices Inc (NASDAQ:MASS) trade information
Instantly MASS was in green as seen at the end of in last trading. With action 51.66%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 108.18%, with the 5-day performance at 51.66% in the green. However, in the 30-day time frame, 908 Devices Inc (NASDAQ:MASS) is 78.91% up. Looking at the short shares, we see there were 2.25 million shares sold at short interest cover period of 8.13 days.
908 Devices Inc (MASS) estimates and forecasts
Year-over-year growth is forecast to reach -7.47% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 11.9M. 4 analysts are of the opinion that 908 Devices Inc’s revenue for the current quarter will be 12.31M. The company’s revenue for the corresponding quarters a year ago was 9.99M and 14.05M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 19.11%. The estimates for the next quarter sales put growth at -12.35%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -32.72%. The 2025 estimates are for 908 Devices Inc earnings to increase by 64.21%.
MASS Dividends
908 Devices Inc is expected to release its next quarterly earnings report on 2025-Mar-03.
908 Devices Inc (NASDAQ:MASS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.09% of 908 Devices Inc shares while 63.57% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 69.17%. There are 63.57% institutions holding the 908 Devices Inc stock share, with ARK INVESTMENT MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 12.0377% of the shares, roughly 3.94 million MASS shares worth $20.28 million.
AMERIPRISE FINANCIAL INC holds the second largest percentage of outstanding shares, with 5.7552% or 1.88 million shares worth $9.7 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were ARK ETF Tr-ARK Genomic Revolution ETF and Columbia Fds Ser Tr I-Columbia Small Cap Growth Fd I . With 2.71 shares estimated at $12.4 million under it, the former controlled 7.66% of total outstanding shares. On the other hand, Columbia Fds Ser Tr I-Columbia Small Cap Growth Fd I held about 4.31% of the shares, roughly 1.52 shares worth around $6.97 million.
