Montauk Renewables Inc (NASDAQ:MNTK) shares, rose in value on Thursday, April 16, with the stock price down by -1.91% to the previous day’s close as strong demand from buyers drove the stock to $2.05.
Actively observing the price movement in the last trading, the stock closed the session at $2.09, falling within a range of $1.968 and $2.12. The value of beta (5-year monthly) was 0.044 whereas the PE ratio was 30.01 over 12-month period. Referring to stock’s 52-week performance, its high was $6.22, and the low was $1.75. On the whole, MNTK has fluctuated by -1.44% over the past month.
With the market capitalization of Montauk Renewables Inc currently standing at about $293.84 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 179.61M, with a low estimate of 40.52M and a high estimate of 44.28M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 42.4M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MNTK’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.71, with the price of MNTK currently trading nearly -2.16% and -30.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.30, while the 7-day volatility ratio is showing 7.39% which for the 30-day chart, stands at 11.56%. Furthermore, Montauk Renewables Inc (MNTK)’s beta value is 0.03, and its average true range (ATR) is 0.25.
A comparison of Montauk Renewables Inc (MNTK) with its peers suggests the former has fared considerably weaker in the market. MNTK showed an intraday change of -1.91% in last session, and over the past year, it shrunk by -43.13%%.
Data on historical trading for Montauk Renewables Inc (NASDAQ:MNTK) indicates that the trading volumes over the past 10 days have averaged 0.26 and over the past 3 months, they’ve averaged 213.01K. According to company’s latest data on outstanding shares, there are 142.71 million shares outstanding.
Nearly 68.17% of Montauk Renewables Inc’s shares belong to company insiders and institutional investors own 15.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.38 million shares as on 2025-03-31, resulting in a short ratio of 4.37. According to the data, the short interest in Montauk Renewables Inc (MNTK) stood at 469.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.34 million. The stock has fallen by -48.49% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MNTK stock heading into the next quarter.
