Montauk Renewables Inc (NASDAQ: MNTK) kicked off on Friday, up 22.77% from the previous trading day, before settling in for the closing price of $2.02. Over the past 52 weeks, MNTK has traded in a range of $1.68-$6.04.
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 10.83%. While this was happening, its average annual earnings per share was recorded -81.80%. With a float of $46.30 million, this company’s outstanding shares have now reached $143.10 million.
Montauk Renewables Inc (MNTK) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Montauk Renewables Inc is 67.45%, while institutional ownership is 14.90%.
Montauk Renewables Inc (MNTK) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.12 earnings per share (EPS), higher than consensus estimate (set at 0.1) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -81.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.16% during the next five years compared to 10.83% growth over the previous five years of trading.
Montauk Renewables Inc (NASDAQ: MNTK) Trading Performance Indicators
Take a look at Montauk Renewables Inc’s (MNTK) current performance indicators. Last quarter, stock had a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of Montauk Renewables Inc (MNTK)
The latest stats from [Montauk Renewables Inc, MNTK] show that its last 5-days average volume of 0.26 million was superior to 0.2 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.15%.
During the past 100 days, Montauk Renewables Inc’s (MNTK) raw stochastic average was set at 72.73%, which indicates a significant decrease from 85.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.17 in the past 14 days, which was higher than the 0.14 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.09, while its 200-day Moving Average is $2.68. Now, the first resistance to watch is $2.69. This is followed by the second major resistance level at $2.90. The third major resistance level sits at $3.23. If the price goes on to break the first support level at $2.15, it is likely to go to the next support level at $1.82. The third support level lies at $1.61 if the price breaches the second support level.
Montauk Renewables Inc (NASDAQ: MNTK) Key Stats
The company with the Market Capitalisation of 352.80 million has total of 142,257K Shares Outstanding. Its annual sales at the moment are 175,740 K in contrast with the sum of 9,730 K annual income. Company’s last quarter sales were recorded 45,130 K and last quarter income was -5,490 K.
