ConnectM Technology Solutions Inc. (NASDAQ:CNTM) currently has a daily average trading volume of 363.83K but it saw 2373553 shares traded in last market. With a market cap of 7.94M USD, the company’s current market price of $0.84 came rising about 15.15 while comparing to the previous closing price of $0.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.47 and as low as $0.67. In the recent trading on the day, stock has struck highest price mark of $0.721 while lowest mark touched by it was $0.8988.
Taking a look at 20-day trading activity of ConnectM Technology Solutions Inc. (CNTM) gives us an average price of $1.4232, while its current price level is -93.26% below from 52-week high level whereas it is 25.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $7.1177 while that of 200 days or SMA-200 reads an average of $9.8598. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.81% during that period while stretching the period over a month that increases to 23.23%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 7.19 which implies that the stock is in oversold territory.
Over the week, CNTM’s stock price is moving -0.01% down while it is -89.82% when we observe its performance for the past one month. Year-to-date it is -92.27% down and over the past year, the stock is showing a downside performance of -91.59%.
Currently, ConnectM Technology Solutions Inc.’s total number of outstanding shares is 7.38M. Company’s return on investment (ROI) stands at -59.71% and return on equity (ROE) at -38.29%. Stock’s beta reads 0.25. Stock has a price to book (P/B) ratio of 0.20. Its return on asset (ROA) is -27.30% on average.
