What Are The Chances Of ConnectM Technology Solutions Inc (NASDAQ: CNTM) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, CNTM falls under the Technology sector while operating within the Software – Application industry segment. The current market capitalization of ConnectM Technology Solutions Inc is $23.17M. A total of 0.98 million shares were traded on the day, compared to an average of 3.59M shares.

In the most recent transaction, Choudhury Mahesh bought 27,800 shares of CNTM for 1.09 per share on Dec 20 ’24. After the transaction, the insider now owns 259,768 company shares. In a previous transaction on Dec 18 ’24, Choudhury Mahesh bought 6,900 shares at 0.82 per share. CNTM shares that the insider owns now total 227,668.

Among the insiders who bought shares, Choudhury Mahesh acquired of 4,300 shares on Dec 19 ’24 at a per-share price of $1.05. This resulted in the insider holding 231,968 shares of CNTM after the transaction. In another insider transaction, Choudhury Mahesh bought 15,400 shares at $1.16 per share on Sep 12 ’24. Company shares held by the insider now total 217,438.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CNTM has a high of $12.47 and a low of $0.47.

As of this writing, CNTM has an earnings estimate of $0 per share for the current quarter.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CNTM’s latest balance sheet shows that the firm has $1.33M in Cash & Short Term Investments as of fiscal 2021. There were $1.31M in debt and $876.92k in liabilities at the time. Its Book Value Per Share was -$1.34, while its Total Shareholder’s Equity was $1.59M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

Most Popular

Related Posts