ConnectM Technology Solutions Inc (NASDAQ:CNTM) has a beta value of 0.37 and has seen 94.91 million shares traded in the recent trading session. The company, currently valued at $38.33M, closed the recent trade at $1.08 per share which meant it gained $0.58 on the day or 118.18% during that session. The CNTM stock price is -1054.63% off its 52-week high price of $12.47 and 56.48% above the 52-week low of $0.47. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.72 million shares traded. The 3-month trading volume is 516.50K shares.
ConnectM Technology Solutions Inc (NASDAQ:CNTM) trade information
Sporting 118.18% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CNTM stock price touched $1.08 or saw a rise of 20.0%. Year-to-date, ConnectM Technology Solutions Inc shares have moved -10.74%, while the 5-day performance has seen it change 74.56%. Over the past 30 days, the shares of ConnectM Technology Solutions Inc (NASDAQ:CNTM) have changed 71.24%. Short interest in the company has seen 0.63 million shares shorted with days to cover at 0.73.
ConnectM Technology Solutions Inc (CNTM) estimates and forecasts
The company’s shares have lost -6.09% over the past 6 months. 1 analysts offering their estimates for the company have set an average revenue estimate of 8.3M for the current quarter. 1 have an estimated revenue figure of 11.3M for the next ending quarter.
CNTM Dividends
ConnectM Technology Solutions Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
ConnectM Technology Solutions Inc (NASDAQ:CNTM)’s Major holders
Insiders own 56.28% of the company shares, while shares held by institutions stand at 8.54% with a share float percentage of 19.52%. Investors are also buoyed by the number of investors in a company, with ConnectM Technology Solutions Inc having a total of 18.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Total Market Index Fund. As of Jan 31, 2025, the former fund manager holds about 0.23% shares in the company for having 82.46 shares of worth $82292.0 while later fund manager owns 32.65 shares of worth $32583.0 as of Jan 31, 2025, which makes it owner of about 0.09% of company’s outstanding stock.
