908 Devices Inc (NASDAQ:MASS) does about 644.82K shares in volume on a normal day but saw 2835426 shares change hands in the recent trading day. The company now has a market cap of 263.22M USD. Its current market price is $644820.0, marking an increase of 2835426% compared to the previous close of $7.97. The 52 week high reached by this stock is $8.03 whilst the lowest price level in 52 weeks is $1.81.
The consensus objective for the share price is $5.50, suggesting that the stock has a potential downside of -11723900.0% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 13, 2024 when Leerink Partners downgraded the stock to “Market Perform” and issued a price target of between $12 and $4.
The current price level is 11.83%, 30.68%, and 99.24% away from its SMA20, SMA50, and SMA200 respectively, with the MASS price moving above the 50-day SMA on current market day. 908 Devices Inc (MASS) stock is up 2.09% over the week and 48.58% over the past month. Its price is 29.00% year-to-date and 233.64% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.14 and -0.43 for whole year. Expected sales for next quarter are $14.15M, which analysts say will come at $54.34M for the current fiscal year and next year at $66.42M. In addition, estimates put the company’s current quarterly revenue at an average of $12.17M.
To reach the target analysts have set, the stock logically needs to shrink -11723900.0 percent from here.
The company has a return on investment of -45.82% and return on equity of -44.97%. The beta has a value of 0.28. Price to book ratio is 1.65 and price to sales ratio is 4.29.
