Meta Materials Trading Down 8.9
| MMAT Stock | USD 0.06 0.12 66.11% |
Slightly above 59% of Meta Materials' investor base is looking to short. The analysis of overall sentiment of trading Meta Materials stock suggests that many investors are alarmed at this time. Meta Materials' investing sentiment can be driven by a variety of factors including economic data, Meta Materials' earnings reports, geopolitical events, and overall market trends.
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Meta Materials Inc. was down 8.9 percent during mid-day trading on Tuesday . The stock traded as low as 4.90 and last traded at 5.02. Approximately 64,296 shares were traded during mid-day trading, a decline of 79 percent from the average daily volume of 299,750 shares. The stock had previously closed at
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Meta Materials Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Meta Materials can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Meta Materials Fundamental Analysis
We analyze Meta Materials' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meta Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Meta Materials based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Meta Materials is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Meta Materials Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Meta Materials stock to make a market-neutral strategy. Peer analysis of Meta Materials could also be used in its relative valuation, which is a method of valuing Meta Materials by comparing valuation metrics with similar companies.
Peers
Meta Materials Related Equities
| LINK | Interlink Electronics | 16.14 | ||||
| KOPN | Kopin | 8.91 | ||||
| CPSH | Cps Technologies | 2.72 | ||||
| DAKT | Daktronics | 2.53 | ||||
| MEI | Methode Electronics | 1.77 | ||||
| LPTH | LightPath Technologies | 0.61 | ||||
| GLW | Corning Incorporated | 0.46 | ||||
| WBX | Wallbox NV | 1.59 | ||||
| SGMA | SigmaTron International | 2.16 | ||||
| OUST | Ouster | 5.26 | ||||
| KULR | KULR Technology | 6.49 |
Additional Tools for Meta Stock Analysis
When running Meta Materials' price analysis, check to measure Meta Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meta Materials is operating at the current time. Most of Meta Materials' value examination focuses on studying past and present price action to predict the probability of Meta Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meta Materials' price. Additionally, you may evaluate how the addition of Meta Materials to your portfolios can decrease your overall portfolio volatility.