Markforged Holding Corporation (MKFG)’s stock is trading at $4.18 at the moment marking a rise of 27.44% from the last session close. As of this writing, shares are priced at -52.50% less than their 52-week high of $8.80, and 165.89% over their 52-week low of $1.57. Based on the past 30-day period, the stock price is -2.76% below the high and +100.47% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, MKFG’s SMA-200 is $3.55.
Further, it is important to consider MKFG stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 0.99.MKFG’s price to book ratio for the most recent quarter was 0.87, resulting in an 1.10 price to cash per share for the period.
How does Markforged Holding Corporation (MKFG) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 3 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.
Markforged Holding Corporation (NYSE: MKFG) Ownership Details
I will give a breakdown of the key shareholders in Markforged Holding Corporation (MKFG). Recent figures show that the company’s insiders hold 2.38% of shares. A total of 55 institutional investors hold shares in the company, making 68.22% of its stock and 69.88% of its float.
Dec 31, 2024, it was reported that the Company’s largest institutional holder is Senvest Management LLC holding total of 1.61 shares that make 7.80% of the company’s total number of shares and are currently priced at 6.73 million.
The securities firm Summit Partners, L.P. holds 1.47 shares of MKFG, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 7.14%, and the holding percentage of shares is valued at 6.16 million.
An overview of Markforged Holding Corporation’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Markforged Holding Corporation (MKFG) traded 136,424 shares per day, with a moving average of $2.65 and price change of +1.51. With the moving average of $2.88 and a price change of +0.90, about 98,988 shares changed hands on average over the past 50 days. Finally, MKFG’s 100-day average volume is 102,011 shares, alongside a moving average of $3.41 and a price change of -0.30.
