Momentus Inc (NASDAQ:MNTS) shares, rose in value on Wednesday, June 18, with the stock price up by 4.58% to the previous day’s close as strong demand from buyers drove the stock to $1.37.
Actively observing the price movement in the last trading, the stock closed the session at $1.31, falling within a range of $1.2805 and $1.41. The value of beta (5-year monthly) was 1.21. Referring to stock’s 52-week performance, its high was $28.56, and the low was $1.23. On the whole, MNTS has fluctuated by -29.74% over the past month.
With the market capitalization of Momentus Inc currently standing at about $7.58 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2023-Nov-14.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MNTS’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 price of MNTS currently trading nearly -12.88% and -21.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.75, while the 7-day volatility ratio is showing 6.03% which for the 30-day chart, stands at 4.05%. Furthermore, Momentus Inc (MNTS)’s beta value is 1.21, and its average true range (ATR) is 0.16.
A comparison of Momentus Inc (MNTS) with its peers suggests the former has fared considerably weaker in the market. MNTS showed an intraday change of 4.58% in last session, and over the past year, it shrunk by -80.72%%.
Data on historical trading for Momentus Inc (NASDAQ:MNTS) indicates that the trading volumes over the past 10 days have averaged 1.06 and over the past 3 months, they’ve averaged 276.89K. According to company’s latest data on outstanding shares, there are 5.54 million shares outstanding.
Nearly 3.74% of Momentus Inc’s shares belong to company insiders and institutional investors own 7.18% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.2 million shares as on 2025-05-30, resulting in a short ratio of 1.8. According to the data, the short interest in Momentus Inc (MNTS) stood at 358.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.18 million. The stock has fallen by -82.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MNTS stock heading into the next quarter.
