Momentus Inc (MNTS) Becoming More Attractive for Investors

CALM

Momentus Inc’s recent filing unveils that its Director Kabot Brian unloaded Company’s shares for reported $1040.0 on Dec 01. In the deal valued at $2.60 per share,400 shares were sold. As a result of this transaction, Kabot Brian now holds 3,782 shares worth roughly $3555.08.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Then, Kabot Brian sold 400 shares, generating $1,400 in total proceeds. Upon selling the shares at $3.50, the Director now owns 4,182 shares.

Before that, Kabot Brian sold 400 shares. Momentus Inc shares valued at $868 were divested by the Director at a price of $2.17 per share. As a result of the transaction, Kabot Brian now holds 4,582 shares, worth roughly $4307.08.

Evercore ISI initiated its Momentus Inc [MNTS] rating to an Underperform in a research note published on July 05, 2022; the price target was $2.

Price Performance Review of MNTS

On Friday, Momentus Inc [NASDAQ:MNTS] saw its stock jump 1.94% to $0.94. Over the last five days, the stock has lost -8.87%. Momentus Inc shares have fallen nearly -45.75% since the year began. Nevertheless, the stocks have fallen -97.98% over the past one year. While a 52-week high of $50.00 was reached on 01/02/24, a 52-week low of $0.67 was recorded on 01/18/24. SMA at 50 days reached $1.5129, while 200 days put it at $8.7232. A total of 0.72 million shares were traded, compared to the trading of 1.0 million shares in the previous session.

Levels Of Support And Resistance For MNTS Stock

The 24-hour chart illustrates a support level at 0.8957, which if violated will result in even more drops to 0.8529. On the upside, there is a resistance level at 0.9657. A further resistance level may holdings at 0.9929. The Relative Strength Index (RSI) on the 14-day chart is 42.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0694, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.04%. Stochastics %K at 42.82% indicates the stock is a holding.

How much short interest is there in Momentus Inc?

A steep rise in short interest was recorded in Momentus Inc stocks on Jan 31, 2024, dropping by 82250.0 shares to a total of 75940.0 shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2023 was 0.16 million shares. There was a decline of -108.31%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.87% of the overall stock float, the days-to-cover ratio (short ratio) fell to 0.04.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular