With 1.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.06 million shares. The 52-week range on MASS shows that it touched its highest point at $7.56 and its lowest point at $1.81 during that stretch. It currently has a 1-year price target of $5.50. Beta for the stock currently stands at 0.71.
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 MASS was down-trending over the past week, with a drop of -10.82%, but this was up by 46.61% over a month. Three-month performance surged to 47.86% while six-month performance fell -3.08%. The stock lost -50.14% in the past year, while it has gained 57.27% so far this year. A look at the trailing 12-month EPS for MASS yields -2.11 with Next year EPS estimates of -0.58. For the next quarter, that number is -0.32. This implies an EPS growth rate of 64.39% for this year and 22.85% for next year.
Float and Shares Shorts:
At present, 35.10 million MASS shares are outstanding with a float of 25.74 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MASS since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.56648 being high and -$1.82755 being low. For MASS, this leads to a yearly average estimate of -$1.67596. Based on analyst estimates, the high estimate for the next quarter is -$0.15 and the low estimate is -$0.18. The average estimate for the next quarter is thus -$0.17.
