Connectm Technology Solutions Inc. (OTCMKTS:CNTM – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,247 shares, an increase of 106.5% from the August 15th total of 604 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,710 shares, the days-to-cover ratio is currently 0.1 days.
Connectm Technology Solutions Stock Performance
CNTM stock opened at $5.00 on Monday. The company has a market capitalization of $28.15 million, a price-to-earnings ratio of -0.20 and a beta of -0.33. The firm has a 50 day moving average of $5.63 and a two-hundred day moving average of $6.67. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.04. Connectm Technology Solutions has a 12 month low of $0.01 and a 12 month high of $17.12.
Connectm Technology Solutions (OTCMKTS:CNTM – Get Free Report) last posted its earnings results on Friday, August 21st. The company reported ($0.64) EPS for the quarter. Connectm Technology Solutions had a negative return on equity of 506.01% and a net margin of 3.72%.The business had revenue of $9.79 million for the quarter.
Connectm Technology Solutions Company Profile
Connectm Technology Solutions, Inc (NASDAQ:CNTM) is a provider of advanced communications and cybersecurity solutions tailored to aerospace, defense, government and critical infrastructure markets. The company specializes in secure voice, data and video transmission platforms, offering both off-the-shelf hardware and software-defined systems designed to meet stringent military and regulatory requirements. Its product suite includes satellite communications terminals, tactical radio systems, data link technologies and cyber-defense tools aimed at supporting mission-critical, real-time operations.
In addition to its core product offerings, Connectm delivers comprehensive systems integration and lifecycle support services.
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