A new trading day began on Tuesday, with 908 Devices Inc (NASDAQ: MASS) stock price up 17.92% from the previous day of trading, before settling in for the closing price of $4.80. MASS’s price has ranged from $1.81 to $7.48 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 28.70% over the past five years. Meanwhile, its annual earnings per share averaged 64.74%. With a float of $25.74 million, this company’s outstanding shares have now reached $35.10 million.
Let’s look at the performance matrix of the company that is accounted for 246 employees. In terms of profitability, gross margin is 48.21%, operating margin of -128.65%, and the pretax margin is -121.56%.
908 Devices Inc (MASS) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of 908 Devices Inc is 27.15%, while institutional ownership is 54.35%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 64.74% per share during the next fiscal year.
908 Devices Inc (NASDAQ: MASS) Trading Performance Indicators
Here are 908 Devices Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.11, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach -0.58 in one year’s time.
Technical Analysis of 908 Devices Inc (MASS)
908 Devices Inc (NASDAQ: MASS) saw its 5-day average volume 0.74 million, a negative change from its year-to-date volume of 2.68 million. As of the previous 9 days, the stock’s Stochastic %D was 87.23%. Additionally, its Average True Range was 0.48.
During the past 100 days, 908 Devices Inc’s (MASS) raw stochastic average was set at 93.22%, which indicates a significant increase from 88.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.34% in the past 14 days, which was lower than the 163.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.59, while its 200-day Moving Average is $3.47. Nevertheless, the first resistance level for the watch stands at $6.12 in the near term. At $6.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.21. If the price goes on to break the first support level at $5.03, it is likely to go to the next support level at $4.39. Assuming the price breaks the second support level, the third support level stands at $3.94.
908 Devices Inc (NASDAQ: MASS) Key Stats
With a market capitalization of 199.96 million, the company has a total of 35,330K Shares Outstanding. Currently, annual sales are 59,630 K while annual income is -72,210 K. The company’s previous quarter sales were 18,820 K while its latest quarter income was -19,450 K.
