Xometry Inc [NASDAQ: XMTR] traded at a low on N/A, posting a -2.42 loss after which it closed the day’ session at $37.45.
The results of the trading session contributed to over 329706 shares changing hands. Over the past one week, the price volatility of Xometry Inc stands at 5.72% while the volatility over the past one month is 5.92%.
The market cap for XMTR stock reached $1.86 billion, with 46.32 million shares outstanding and 42.52 million shares in the current float. Compared to the average trading volume of 623.81K shares, XMTR reached a trading volume of 329706 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Xometry Inc [XMTR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XMTR shares is $35.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XMTR stock is a recommendation set at 1.82. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for Xometry Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 20, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price from $25 to $45. The new note on the price target was released on December 18, 2024, representing the official price target for Xometry Inc stock. Previously, the target price had yet another raise to $13, while Cantor Fitzgerald analysts kept a Underweight rating on XMTR stock.
The Average True Range (ATR) for Xometry Inc is set at 2.22, with the Price to Sales ratio for XMTR stock in the period of the last 12 months amounting to 3.53. The Price to Book ratio for the last quarter was 5.82, with the Price to Cash per share for the same quarter was set at 4.72.
How has XMTR stock performed recently?
Xometry Inc [XMTR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.99. With this latest performance, XMTR shares gained by 9.66% in over the last four-week period, additionally plugging by 117.99% over the last 6 months – not to mention a rise of 22.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XMTR stock in for the last two-week period is set at 56.11, with the RSI for the last a single of trading hit 58.59, and the three-weeks RSI is set at 55.42 for Xometry Inc [XMTR]. The present Moving Average for the last 50 days of trading for this stock 36.32, while it was recorded at 36.56 for the last single week of trading, and 22.79 for the last 200 days.
Xometry Inc [XMTR]: Deeper insight into the fundamentals
Xometry Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.54 and a Current Ratio set at 4.59.
Insider trade positions for Xometry Inc [XMTR]
There are presently around $95.82%, or 107.44%% of XMTR stock, in the hands of institutional investors. The top three institutional holders of XMTR stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 6.8 million shares, which is approximately 14.0084%. EVENTIDE ASSET MANAGEMENT, LLC, holding 6.02 million shares of the stock with an approximate value of $$69.6 million in XMTR stocks shares; and EVENTIDE ASSET MANAGEMENT, LLC, currently with $$56.71 million in XMTR stock with ownership which is approximately 10.0984%.
