With 3.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. The 52-week range on MMAT shows that it touched its highest point at $53.42 and its lowest point at $1.80 during that stretch. It currently has a 1-year price target of $150.00. Beta for the stock currently stands at 1.54.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MMAT was up-trending over the past week, with a rise of 68.91%, but this was up by 35.35% over a month. Three-month performance dropped to -42.98% while six-month performance fell -79.90%. The stock lost -90.62% in the past year, while it has lost -39.09% so far this year.
Float and Shares Shorts:
At present, 6.42 million MMAT shares are outstanding with a float of 6.07 million shares on hand for trading. On Mar 15, 2024, short shares totaled 0.68 million, which was 10.62% higher than short shares on Feb 15, 2024. In addition to AMAT as the firm’s Applied Materials, Inc., TMAT serves as its TMAT.
Institutional Ownership:
Through their ownership of 6.80% of MMAT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MMAT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, MMAT has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and MMAT currently yields $0.00. In the past year, MMAT’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, MMAT has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.
