At the end of the latest market close, Montauk Renewables Inc. (MNTK) was valued at $13.56. In that particular session, Stock kicked-off at the price of $13.31 while reaching the peak value of $13.31 and lowest value recorded on the day was $11.69. The stock current value is $12.04.Recently in News on June 15, 2022, Montauk Renewables Set to Join Russell 3000® Index, Added to MSCI USA Small Cap Index. Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), today announced that it will join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3. In addition, Montauk Renewables was recently added to the MSCI Global Small Cap Indexes within the MSCI USA Small Cap Index, which became effective after the market close on May, 31, 2022. You can read further details here
Montauk Renewables Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $16.65 on 06/06/22, with the lowest value was $9.35 for the same time period, recorded on 01/07/22.
Montauk Renewables Inc. (MNTK) full year performance was 38.07%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Montauk Renewables Inc. shares are logging -27.69% during the 52-week period from high price, and 95.77% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.15 and $16.65.
The company’s shares, operating in the sector of Utilities managed to top a trading volume set approximately around 540111 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Montauk Renewables Inc. (MNTK) recorded performance in the market was 17.46%, having the revenues showcasing 7.31% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.86B, as it employees total of 132 workers.
Analysts verdict on Montauk Renewables Inc. (MNTK)
During the last month, 0 analysts gave the Montauk Renewables Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 11.41, with a change in the price was noted +2.04. In a similar fashion, Montauk Renewables Inc. posted a movement of +20.40% for the period of last 100 days, recording 242,562 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MNTK is recording 0.42 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.38.
Montauk Renewables Inc. (MNTK): Technical Analysis
Raw Stochastic average of Montauk Renewables Inc. in the period of last 50 days is set at 33.86%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 7.34%. In the last 20 days, the company’s Stochastic %K was 25.45% and its Stochastic %D was recorded 32.42%.
Let’s take a glance in the erstwhile performances of Montauk Renewables Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 17.46%. Additionally, trading for the stock in the period of the last six months notably improved by 21.86%, alongside a boost of 38.07% for the period of the last 12 months. The shares increased approximately by -7.95% in the 7-day charts and went down by 1.52% in the period of the last 30 days. Common stock shares were driven by 7.31% during last recorded quarter.