908 Devices Inc (NASDAQ: MASS) on Monday, soared 5.47% from the previous trading day, before settling in for the closing price of $2.56. Within the past 52 weeks, MASS’s price has moved between $2.19 and $12.51.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 21.26%. The company achieved an average annual earnings per share of -48.32%. With a float of $25.61 million, this company’s outstanding shares have now reached $32.52 million.
The extent of productivity of a business whose workforce counts for 230 workers is very important to gauge. In terms of profitability, gross margin is 48.26%, operating margin of -119.93%, and the pretax margin is -109.5%.
908 Devices Inc (MASS) Insider Updates
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of 908 Devices Inc is 26.45%, while institutional ownership is 49.86%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -48.32% per share during the next fiscal year.
908 Devices Inc (NASDAQ: MASS) Trading Performance Indicators
908 Devices Inc (MASS) is currently performing well based on its current performance indicators. A quick ratio of 3.54 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.78, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -1.26 in one year’s time.
Technical Analysis of 908 Devices Inc (MASS)
The latest stats from [908 Devices Inc, MASS] show that its last 5-days average volume of 0.49 million was superior to 0.21 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.81%. Additionally, its Average True Range was 0.25.
During the past 100 days, 908 Devices Inc’s (MASS) raw stochastic average was set at 12.41%, which indicates a significant decrease from 27.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 143.00% in the past 14 days, which was higher than the 79.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.30, while its 200-day Moving Average is $5.13. Now, the first resistance to watch is $2.86. This is followed by the second major resistance level at $3.02. The third major resistance level sits at $3.18. If the price goes on to break the first support level at $2.55, it is likely to go to the next support level at $2.39. Assuming the price breaks the second support level, the third support level stands at $2.23.
908 Devices Inc (NASDAQ: MASS) Key Stats
Market capitalization of the company is 87.85 million based on 34,823K outstanding shares. Right now, sales total 50,230 K and income totals -36,400 K. The company made 16,770 K in profit during its latest quarter, and -29,300 K in sales during its previous quarter.
