Connectm Technology Solutions, Stock Today
| CNTM Stock | USD 0.98 0.10 11.36% |
Performance4 of 100
| Odds Of DistressLess than 22
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ConnectM Technology is selling at 0.98 as of the 28th of November 2024; that is 11.36% up since the beginning of the trading day. The stock's lowest day price was 0.85. ConnectM Technology has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. ConnectM Technology symbol was changed from MCAC on 15th of July 2024. Equity ratings for ConnectM Technology Solutions, are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 1st of July 2022 | Category Technology | Classification Information Technology |
Contact Minerals Corporation, an exploration stage company, engages in the acquisition and exploration of mineral properties. The company has 21.16 M outstanding shares of which 339.11 K shares are currently shorted by private and institutional investors with about 0.23 trading days to cover. More on ConnectM Technology Solutions,
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ConnectM Stock Highlights
| Older Symbol | MCAC | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CEO Chairman | Bhaskar Panigrahi | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Technology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Technology Hardware, Storage & Peripherals, Engineering & Construction, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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| ConnectM Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ConnectM Technology's financial leverage. It provides some insight into what part of ConnectM Technology's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ConnectM Technology Solutions, (CNTM) is traded on NASDAQ Exchange in USA. It is located in 2 Mount Royal Avenue, Marlborough, MA, United States, 01752 and employs 154 people. ConnectM Technology Solutions, was previously known as Monterey Capital Acquisition and was traded on NASDAQ Exchange under the symbol MCAC. ConnectM Technology is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 23.92 M. ConnectM Technology conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 21.16 M outstanding shares of which 339.11 K shares are currently shorted by private and institutional investors with about 0.23 trading days to cover.
ConnectM Technology Solutions, currently holds about 2.09 K in cash with (2.45 M) of positive cash flow from operations.
Check ConnectM Technology Probability Of Bankruptcy
Ownership AllocationConnectM Technology holds a total of 21.16 Million outstanding shares. ConnectM Technology Solutions, retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check ConnectM Ownership Details
ConnectM Technology Historical Income Statement
ConnectM Stock Against Markets
ConnectM Technology Corporate Management
| Mahesh Choudhury | Vice Operations | Profile | |
| Daniel Davis | Interim Officer | Profile | |
| Kevin Stateham | Vice Development | Profile | |
| Girish Subramanya | Global Operations | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectM Technology Solutions,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectM Technology. If investors know ConnectM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectM Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 12.644 | Quarterly Revenue Growth (0.06) |
The market value of ConnectM Technology is measured differently than its book value, which is the value of ConnectM that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectM Technology's value that differs from its market value or its book value, called intrinsic value, which is ConnectM Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectM Technology's market value can be influenced by many factors that don't directly affect ConnectM Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectM Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.