ConnectM Technology Solutions Inc.’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $12.47 on 06/13/24, with the lowest value being $0.67 on 08/05/24.
52-week price history of CNTM Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. ConnectM Technology Solutions Inc.’s current trading price is -89.90% away from its 52-week high, while its distance from the 52-week low is 87.78%. The stock’s price range during this period has fluctuated between $0.67 and $12.47. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 1.45 million for the day, which was evidently higher than the average daily volume of 0.93 million over the last three months.
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Financial Performance and Market Capitalization
ConnectM Technology Solutions Inc. (CNTM) has experienced a quarterly decline of -88.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 29.56M and boasts a workforce of 3 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.9261, with a change in price of -9.9600. Similarly, ConnectM Technology Solutions Inc. recorded 610,357 in trading volume during the last 100 days, posting a change of -88.77%.
CNTM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CNTM stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
CNTM Stock Stochastic Average
ConnectM Technology Solutions Inc.’s raw stochastic average for the past 50 days is currently at 28.61%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 73.80%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 70.71% and 69.48%, respectively.
CNTM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -88.40% this year. Over the last six months, there has been a stronger performance of -88.51%. The price of CNTM fallen by 32.63% during the last 30 days period. For the last 5-days stocks have improved 11.50%.
