On Friday, 908 Devices Inc (NASDAQ: MASS) opened higher 8.59% from the last session, before settling in for the closing price of $2.56. Price fluctuations for MASS have ranged from $1.81 to $7.91 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 31.20% annually for the last half of the decade. Company’s average yearly earnings per share was noted -48.32% at the time writing. With a float of $25.37 million, this company’s outstanding shares have now reached $34.71 million.
In an organization with 230 employees, it is important to assess its efficiency. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of 908 Devices Inc is 27.15%, while institutional ownership is 44.49%. The most recent insider transaction that took place on Feb 03 ’25, was worth 23,985. In this transaction Chief Financial Officer of this company sold 10,236 shares at a rate of $2.34, taking the stock ownership to the 109,870 shares. Before that another transaction happened on Feb 03 ’25, when Company’s Chief Legal & Admin Officer sold 9,672 for $2.33, making the entire transaction worth $22,499. This insider now owns 24,603 shares in total.
908 Devices Inc (MASS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -48.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.44% during the next five years compared to -31.19% drop over the previous five years of trading.
908 Devices Inc (NASDAQ: MASS) Trading Performance Indicators
Check out the current performance indicators for 908 Devices Inc (MASS). In the past quarter, the stock posted a quick ratio of 3.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.78, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -1.26 in one year’s time.
Technical Analysis of 908 Devices Inc (MASS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.32 million. That was inferior than the volume of 0.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.95%. Additionally, its Average True Range was 0.26.
During the past 100 days, 908 Devices Inc’s (MASS) raw stochastic average was set at 43.30%, which indicates a significant decrease from 92.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.42% in the past 14 days, which was lower than the 110.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.36, while its 200-day Moving Average is $3.97. However, in the short run, 908 Devices Inc’s stock first resistance to watch stands at $2.91. Second resistance stands at $3.04. The third major resistance level sits at $3.25. If the price goes on to break the first support level at $2.56, it is likely to go to the next support level at $2.35. The third support level lies at $2.22 if the price breaches the second support level.
908 Devices Inc (NASDAQ: MASS) Key Stats
There are currently 34,823K shares outstanding in the company with a market cap of 96.80 million. Presently, the company’s annual sales total 50,230 K according to its annual income of -36,400 K. Last quarter, the company’s sales amounted to 16,770 K and its income totaled -29,300 K.
