Xometry Inc (NASDAQ:XMTR) shares, rose in value on Friday, March 28, with the stock price down by -2.67% to the previous day’s close as strong demand from buyers drove the stock to $25.89.
Actively observing the price movement in the last trading, the stock closed the session at $26.60, falling within a range of $25.35 and $26.5. The value of beta (5-year monthly) was 0.69. Referring to stock’s 52-week performance, its high was $45.33, and the low was $11.08. On the whole, XMTR has fluctuated by -5.34% over the past month.
With the market capitalization of Xometry Inc currently standing at about $1.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 647.25M, with a low estimate of 147.63M and a high estimate of 149.05M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 148.2M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XMTR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of XMTR currently trading nearly 1.95% and -15.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.21, while the 7-day volatility ratio is showing 4.76% which for the 30-day chart, stands at 5.71%. Furthermore, Xometry Inc (XMTR)’s beta value is 0.69, and its average true range (ATR) is 1.64.
A comparison of Xometry Inc (XMTR) with its peers suggests the former has fared considerably weaker in the market. XMTR showed an intraday change of -2.67% in last session, and over the past year, it grew by 59.42%%.
Data on historical trading for Xometry Inc (NASDAQ:XMTR) indicates that the trading volumes over the past 10 days have averaged 0.54 and over the past 3 months, they’ve averaged 667.24K. According to company’s latest data on outstanding shares, there are 48.29 million shares outstanding.
Nearly 14.84% of Xometry Inc’s shares belong to company insiders and institutional investors own 90.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.95 million shares as on 2025-03-14, resulting in a short ratio of 5.23. According to the data, the short interest in Xometry Inc (XMTR) stood at 1713.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.92 million. The stock has fallen by -39.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XMTR stock heading into the next quarter.
