How Will the Market React to Momentus Inc (MNTS) Stock Getting a Bearish Rating

Overall market sentiment has been down on Momentus Inc (MNTS) stock lately. MNTS receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Momentus Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MNTS!

See Full MNTS Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MNTS Stock Today?

Momentus Inc (MNTS) stock is trading at $2.99 as of 1:29 PM on Friday, Apr 22, a drop of -$0.12, or -4.02% from the previous closing price of $3.11. The stock has traded between $2.96 and $3.19 so far today. Volume today is low. So far 345,828 shares have traded compared to average volume of 8,267,904 shares.

More About Momentus Inc

Momentus Inc offers in-space infrastructure services by building transfer and service vehicles that carry satellites and hosted payloads between orbits in space. It is a provider of three critical functions in the new space economy: Space Transportation, Satellite as a Service, and In-Orbit Servicing. Click Here to get the full Stock Report for Momentus Inc stock.