Where Will Momentus Inc (MNTS) Stock Go Next After It Has Gained 12.73% in a Week?

Momentus Inc (MNTS) stock is higher by 12.73% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 $0.62 as of 2:16 PM on Friday, Mar 24, an increase of $0.02, or 3.89% from the previous closing price of $0.60. The stock has traded between $0.61 and $0.65 so far today. Volume today is less active than usual. So far 245,153 shares have traded compared to average volume of 456,469 shares. To screen for more stocks like Momentus Inc click here.

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.