In the last trading session, 3.71 million ConnectM Technology Solutions Inc (NASDAQ:CNTM) shares changed hands as the company’s beta touched -0.12. With the company’s per share price at $0.83 changed hands at -$0.05 or -5.29% during last session, the market valuation stood at $29.47M. CNTM’s last price was a discount, traded about -1402.41% off its 52-week high of $12.47. The share price had its 52-week low at $0.47, which suggests the last value was 43.37% up since then. When we look at ConnectM Technology Solutions Inc’s average trading volume, we note the 10-day average is 17.23 million shares, with the 3-month average coming to 3.23 million.
ConnectM Technology Solutions Inc (NASDAQ:CNTM) trade information
Instantly CNTM was in red as seen at the end of in last trading. With action 48.16%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -31.40%, with the 5-day performance at 48.16% in the green. However, in the 30-day time frame, ConnectM Technology Solutions Inc (NASDAQ:CNTM) is 45.87% up. Looking at the short shares, we see there were 0.63 million shares sold at short interest cover period of 0.73 days.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 8.3M. 1 analysts are of the opinion that ConnectM Technology Solutions Inc’s revenue for the current quarter will be 11.3M.
The 2025 estimates are for ConnectM Technology Solutions Inc earnings to increase by 81.36%.
CNTM Dividends
ConnectM Technology Solutions Inc is expected to release its next quarterly earnings report in May.
ConnectM Technology Solutions Inc (NASDAQ:CNTM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 56.28% of ConnectM Technology Solutions Inc shares while 8.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 19.52%.
Among Mutual Funds, the top two as of Feb 28, 2025 were Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Total Market Index Fund . With 81.94 shares estimated at $68006.0 under it, the former controlled 0.23% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Total Market Index Fund held about 0.09% of the shares, roughly 32.65 shares worth around $27098.0.
