Connectm Technology Solutions Inc. (OTCMKTS:CNTM – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 490 shares, a drop of 68.0% from the May 14th total of 1,530 shares. Based on an average daily volume of 6,155 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
Connectm Technology Solutions Trading Down 1.2%
OTCMKTS:CNTM traded down $0.08 during midday trading on Thursday, reaching $6.76. 423 shares of the stock traded hands, compared to its average volume of 5,804. The stock has a market capitalization of $38.06 million, a P/E ratio of -0.27 and a beta of -0.20. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.22 and a current ratio of 0.24. The company has a fifty day moving average of $6.52 and a 200 day moving average of $8.83. Connectm Technology Solutions has a 12 month low of $0.00 and a 12 month high of $17.12.
Connectm Technology Solutions (OTCMKTS:CNTM – Get Free Report) last announced its quarterly earnings results on Tuesday, May 26th. The company reported ($0.77) earnings per share (EPS) for the quarter. The business had revenue of $8.17 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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