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908 Devices Inc.: Navigating Market Volatility with a 1.79 Debt-to-Equity Ratio

The stock of 908 Devices Inc. (MASS) is currently priced at $10.02. In the last session, the stock climbed significantly, topping out at $10.37 after opening at $8.58. The day’s lowest price was $8.58 before the stock closed at $8.59.

908 Devices Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $26.00 on 08/05/22, while the lowest value for the same period was recorded at $5.69 on 05/01/23.

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52-week price history of MASS Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. 908 Devices Inc.’s current trading price is -61.46% away from its 52-week high, while its distance from the 52-week low is 76.10%. The stock’s price range during this period has spanned from $5.69 to $26.00. In the Healthcare sector, the 908 Devices Inc.’s shares surpassed a trading volume of approximately 0.59 million for the day, which was noticeably higher compared to the average daily volume of 9.0.26 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

908 Devices Inc. (MASS) has experienced a quarterly rise of 4.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 312.82M and boasts a workforce of 227 employees.

A Closer Look at Analysts’ Ratings for 908 Devices Inc.

As of right now, 5 analysts are rating 908 Devices Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 8.48, with a change in price of +3.02. Similarly, 908 Devices Inc. recorded 257,282 in trading volume during the last 100 days, posting a change of +43.14%.

Examining MASS’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MASS stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

MASS Stock Stochastic Average

Today, 908 Devices Inc.’s raw stochastic average for the past 50 days stands at 92.52%, indicating a rise from the raw stochastic average of the last 20 days, which was 92.52%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 95.27% and 91.17% respectively.

MASS Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant gain of 31.50% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 1.21%. Over the past 30 days, the price of MASS has fallen by 32.02%. And in the last five days, it has surged by 44.59%.

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