On Tuesday, 908 Devices Inc (NASDAQ: MASS) was -19.34% drop from the session before settling in for the closing price of $3.62. A 52-week range for MASS has been $3.13 – $12.51.
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Healthcare Sector giant saw their annual sales surged by 21.26% over the last five years. When this article was written, the company’s average yearly earnings per share was at -18.94%. With a float of $25.48 million, this company’s outstanding shares have now reached $32.52 million.
The firm has a total of 230 workers. Let’s measure their productivity. In terms of profitability, gross margin is 49.34%, operating margin of -56.05%, and the pretax margin is -72.53%.
908 Devices Inc (MASS) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward 908 Devices Inc stocks. The insider ownership of 908 Devices Inc is 26.49%, while institutional ownership is 51.19%. The most recent insider transaction that took place on May 13 ’24, was worth 64,200. In this transaction President and CEO of this company bought 10,000 shares at a rate of $6.42, taking the stock ownership to the 508,981 shares. Before that another transaction happened on May 10 ’24, when Company’s President and CEO bought 10,000 for $5.77, making the entire transaction worth $57,700. This insider now owns 498,981 shares in total.
908 Devices Inc (MASS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -18.94% per share during the next fiscal year.
908 Devices Inc (NASDAQ: MASS) Trading Performance Indicators
You can see what 908 Devices Inc (MASS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -1.09 in one year’s time.
Technical Analysis of 908 Devices Inc (MASS)
Analysing the last 5-days average volume posted by the [908 Devices Inc, MASS], we can find that recorded value of 0.4 million was better than the volume posted last year of 0.2 million. As of the previous 9 days, the stock’s Stochastic %D was 35.51%. Additionally, its Average True Range was 0.26.
During the past 100 days, 908 Devices Inc’s (MASS) raw stochastic average was set at 1.89%, which indicates a significant decrease from 5.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.18% in the past 14 days, which was higher than the 70.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.50, while its 200-day Moving Average is $5.34. Now, the first resistance to watch is $3.15. This is followed by the second major resistance level at $3.39. The third major resistance level sits at $3.54. If the price goes on to break the first support level at $2.77, it is likely to go to the next support level at $2.62. Should the price break the second support level, the third support level stands at $2.38.
908 Devices Inc (NASDAQ: MASS) Key Stats
There are 34,657K outstanding shares of the company, which has a market capitalization of 101.20 million. As of now, sales total 50,230 K while income totals -36,400 K. Its latest quarter income was 14,050 K while its last quarter net income were -12,550 K.
