ConnectM Technology Solutions Inc. (NASDAQ:CNTM) currently has a daily average trading volume of 854.13K but it saw 2358189 shares traded in last market. With a market cap of 12.38M USD, the company’s current market price of $1.31 came falling about -25.57 while comparing to the previous closing price of $1.76. 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 $1.14 while lowest mark touched by it was $1.74.
Taking a look at 20-day trading activity of ConnectM Technology Solutions Inc. (CNTM) gives us an average price of $1.1208, while its current price level is -89.49% below from 52-week high level whereas it is 95.23% 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 $6.1208 while that of 200 days or SMA-200 reads an average of $9.6351. A closer look into the stock’s movement over the week reveals that its volatility is standing at 43.66% during that period while stretching the period over a month that decreases to 23.58%. 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 27.99 which implies that the stock is in oversold territory.
Over the week, CNTM’s stock price is moving 55.95% up while it is -47.39% when we observe its performance for the past one month. Year-to-date it is -87.94% down and over the past year, the stock is showing a downside performance of -87.03%.
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 -0.39. Stock has a price to book (P/B) ratio of 0.32. Its return on asset (ROA) is -27.30% on average.
