KD Logo

Analysts review Xometry Inc’s rating

In a filing, Xometry Inc revealed its Chief Operating Officer Goguen Peter unloaded Company’s shares for reported $80000.0 on Nov 13 ’24. In the deal valued at $32.00 per share,2,500 shares were sold. As a result of this transaction, Goguen Peter now holds 172,919 shares worth roughly $5.69 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Goguen Peter bought 2,500 shares, generating $80,000 in total proceeds.

Before that, Goguen Peter sold 12,000 shares. Xometry Inc shares valued at $354,631 were divested by the Chief Operating Officer at a price of $29.55 per share. As a result of the transaction, Goguen Peter now holds 180,419 shares, worth roughly $5.94 million.

Cantor Fitzgerald initiated its Xometry Inc [XMTR] rating to an Underweight in a research note published on June 05, 2024; the price target was $13. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in early April with a ‘”a Mkt outperform”‘ rating. RBC Capital Mkts also remained covering XMTR and has decreased its forecast on March 02, 2023 with a “Sector perform” recommendation from previously “an Outperform” rating. JP Morgan revised its rating on March 02, 2023. It rated XMTR as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of XMTR

On Tuesday, Xometry Inc [NASDAQ:XMTR] saw its stock jump 0.24% to $32.90. Over the last five days, the stock has gained 2.81%. Xometry Inc shares have fallen nearly -8.38% since the year began. Nevertheless, the stocks have risen 33.85% over the past one year. While a 52-week high of $38.74 was reached on 02/02/24, a 52-week low of $11.08 was recorded on 07/01/24. SMA at 50 days reached $25.11, while 200 days put it at $18.61.

Levels Of Support And Resistance For XMTR Stock

The 24-hour chart illustrates a support level at 31.61, which if violated will result in even more drops to 30.31. On the upside, there is a resistance level at 34.12. A further resistance level may holdings at 35.33. The Relative Strength Index (RSI) on the 14-day chart is 69.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.92%. Stochastics %K at 65.01% indicates the stock is a holding.

How much short interest is there in Xometry Inc?

A steep rise in short interest was recorded in Xometry Inc stocks on 2024-11-29, dropping by -1.36 million shares to a total of 4.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 5.46 million shares. There was a decline of -33.06%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 31, 2023 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $48 price target.

Most Popular