908 Devices Inc (NASDAQ:MASS) has a beta value of 0.20 and has seen 0.66 million shares traded in the recent trading session. The company, currently valued at $199.79M, closed the recent trade at $5.66 per share which meant it gained $0.86 on the day or 17.81% during that session. The MASS stock price is -32.16% off its 52-week high price of $7.48 and 68.02% above the 52-week low of $1.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.52 million shares traded. The 3-month trading volume is 2.91 million shares.
The consensus among analysts is that 908 Devices Inc (MASS) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.27.
908 Devices Inc (NASDAQ:MASS) trade information
Sporting 17.81% 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 MASS stock price touched $5.66 or saw a rise of 0.7%. Year-to-date, 908 Devices Inc shares have moved 157.05%, while the 5-day performance has seen it change 27.94%. Over the past 30 days, the shares of 908 Devices Inc (NASDAQ:MASS) have changed 24.83%. Short interest in the company has seen 2.56 million shares shorted with days to cover at 0.34.
908 Devices Inc (MASS) estimates and forecasts
The company’s shares have gained 64.87% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -7.47%.
4 analysts offering their estimates for the company have set an average revenue estimate of 11.93M for the current quarter. 4 have an estimated revenue figure of 12.31M for the next ending quarter. Year-ago sales stood 9.99M and 14.05M respectively for this quarter and the next, and analysts expect sales will grow by 19.36% for the current quarter and -7.47% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -32.72% over the past 5 years.
MASS Dividends
908 Devices Inc is expected to release its next earnings report on 2025-Mar-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
908 Devices Inc (NASDAQ:MASS)’s Major holders
Insiders own 8.09% of the company shares, while shares held by institutions stand at 73.66% with a share float percentage of 80.14%. Investors are also buoyed by the number of investors in a company, with 908 Devices Inc having a total of 113.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 3.94 million shares worth more than $20.28 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 12.0377% of shares outstanding.
The other major institutional holder is AMERIPRISE FINANCIAL INC, with the holding of over 1.88 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.7 million and represent 5.7552% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ARK ETF Trust-ARK Genomic Revolution ETF and Columbia Funds Series Trust I-Columbia Small Cap Growth Fund . As of Mar 31, 2025 , the former fund manager holds about 8.07% shares in the company for having 2.85 shares of worth $16.08 million while later fund manager owns 1.52 shares of worth $8.59 million as of Nov 30, 2024 , which makes it owner of about 4.31% of company’s outstanding stock.
