For the readers interested in the stock health of Momentive Global Inc. (MNTV). It is currently valued at $9.23. When the transactions were called off in the previous session, Stock hit the highs of $8.09, after setting-off with the price of $7.52. Company’s stock value dipped to $7.48 during the trading on the day. When the trading was stopped its value was $7.72.Recently in News on March 13, 2023, Momentive Global Enters into Definitive Agreement to Be Acquired by Symphony Technology Group for $1.5 Billion. Momentive (Nasdaq: MNTV), the maker of SurveyMonkey, today announced it has entered into a definitive agreement to be acquired by a consortium led by Symphony Technology Group (STG) in an all-cash transaction that values Momentive at approximately $1.5 billion. Under the terms of the agreement, Momentive shareholders will receive $9.46 per share, representing a premium of approximately 28% to the volume weighted average closing price of Momentive stock for the 10 trading days ending on March 13, 2023, and a 46% premium to the company’s closing stock price on the day prior to media rumors regarding a potential sale on October 19, 2022. You can read further details here
Momentive Global Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $18.48 on 04/20/22, with the lowest value was $5.14 for the same time period, recorded on 10/13/22.
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Momentive Global Inc. (MNTV) full year performance was -37.29%
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, Momentive Global Inc. shares are logging -50.08% during the 52-week period from high price, and 79.65% 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 $5.14 and $18.48.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 70477921 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 Momentive Global Inc. (MNTV) recorded performance in the market was 31.79%, having the revenues showcasing 25.68% 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 1.13B, as it employees total of 1400 workers.
The Analysts eye on Momentive Global Inc. (MNTV)
During the last month, 0 analysts gave the Momentive Global 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 7.50, with a change in the price was noted +2.74. In a similar fashion, Momentive Global Inc. posted a movement of +42.22% for the period of last 100 days, recording 2,350,996 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 MNTV is recording 0.64 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.64.
Technical rundown of Momentive Global Inc. (MNTV)
Raw Stochastic average of Momentive Global Inc. in the period of last 50 days is set at 99.24%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 99.22%. In the last 20 days, the company’s Stochastic %K was 73.56% and its Stochastic %D was recorded 56.74%.
Considering, the past performance of Momentive Global 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 31.79%. Additionally, trading for the stock in the period of the last six months notably improved by 26.72%, alongside a downfall of -37.29% for the period of the last 12 months. The shares increased approximately by 32.73% in the 7-day charts and went up by 22.02% in the period of the last 30 days. Common stock shares were driven by 25.68% during last recorded quarter.
