As on December 31, 2022, Meta Materials Inc. (NASDAQ: MMAT) started slowly as it slid -6.82% to $2.46. During the day, the stock rose to $2.64 and sunk to $2.44 before settling in for the price of $2.64 at the close. Taking a more long-term approach, MMAT posted a 52-week range of $1.34-$21.76.
The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded -34.70%. Meanwhile, its Annual Earning per share during the time was 38.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.30%. This publicly-traded company’s shares outstanding now amounts to $280.08 million, simultaneously with a float of $179.63 million. The organization now has a market capitalization sitting at $664.82 million. At the time of writing, stock’s 50-day Moving Average stood at $3.83, while the 200-day Moving Average is $4.65.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 4 employees. It has generated 48,345 per worker during the last fiscal year. Meanwhile, its income per employee was -3,195,474. The stock had 0.48 Receivables turnover and 0.01 Total Asset turnover. For the Profitability, stocks gross margin was -421.73, operating margin was -2245.46 and Pretax Margin of -6609.76.
Meta Materials Inc. (MMAT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Electronic Components industry. Meta Materials Inc.’s current insider ownership accounts for 5.60%, in contrast to 13.80% institutional ownership. According to the most recent insider trade that took place on Nov 30, this organization’s 10% Owner sold 7,000 shares at the rate of 3.54, making the entire transaction reach 24,780 in total value, affecting insider ownership by 341,000. Preceding that transaction, on Nov 29, Company’s 10% Owner sold 23,000 for 4.03, making the whole transaction’s value amount to 92,782. This particular insider is now the holder of 343,000 in total.
Meta Materials Inc. (MMAT) Earnings and Revenue Records
This company achieved a net margin of -6609.76 while generating a return on equity of -92.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Meta Materials Inc.’s EPS decrease for this current 12-month fiscal period is -4.30% and is forecasted to reach -0.07 in the upcoming year.
Meta Materials Inc. (NASDAQ: MMAT) Trading Performance Indicators
Let’s observe the current performance indicators for Meta Materials Inc. (MMAT). It’s Quick Ratio in the last reported quarter now stands at 2.50. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 369.34.
In the same vein, MMAT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.34, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be -0.07 at the market close of one year from today.
Technical Analysis of Meta Materials Inc. (MMAT)
Through scrutinizing the latest numbers posted by the [Meta Materials Inc., MMAT], it can be observed that its last 5-days Average volume of 6.7 million was lower the volume of 14.58 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 16.79% While, its Average True Range was 0.24.
Raw Stochastic average of Meta Materials Inc. (MMAT) in the period of the previous 100 days is set at 0.73%, which indicates a major fall in contrast to 2.73% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 70.97% that was lower than 81.32% volatility it exhibited in the past 100-days period.