ConnectM Technology Solutions Inc [NASDAQ: CNTM] closed the trading session at $0.44.
The stocks have a year to date performance of -63.63 percent and weekly performance of -31.82 percent. The stock has been moved at -47.61 percent over the last six months. The stock has performed -25.87 percent around the most recent 30 days and changed -62.06 percent over the most recent 3-months.
If compared to the average trading volume of 3.97M shares, CNTM reached to a volume of 11914245 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about ConnectM Technology Solutions Inc [CNTM]:
The Average True Range (ATR) for ConnectM Technology Solutions Inc is set at 0.11, with the Price to Sales ratio for CNTM stock in the period of the last 12 months amounting to 2.57.
CNTM stock trade performance evaluation
ConnectM Technology Solutions Inc [CNTM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -31.82. With this latest performance, CNTM shares dropped by -25.87% in over the last four-week period, additionally sinking by -47.61% over the last 6 months – not to mention a drop of -96.08% 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 CNTM stock in for the last two-week period is set at 32.88, with the RSI for the last a single of trading hit 24.74, and the three-weeks RSI is set at 37.14 for ConnectM Technology Solutions Inc [CNTM]. The present Moving Average for the last 50 days of trading for this stock 0.6374, while it was recorded at 0.6127 for the last single week of trading, and 0.9239 for the last 200 days.
ConnectM Technology Solutions Inc [CNTM]: An insightful look at the core fundamentals
ConnectM Technology Solutions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.18 and a Current Ratio set at 0.19.
