Connectm Technology Solutions Inc. (OTCMKTS:CNTM – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,247 shares, a growth of 106.5% from the August 15th total of 604 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 9,710 shares, the days-to-cover ratio is currently 0.1 days.
Connectm Technology Solutions Price Performance
OTCMKTS:CNTM opened at $5.00 on Monday. Connectm Technology Solutions has a 1 year low of $0.01 and a 1 year high of $17.12. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.04. The stock has a market cap of $28.15 million, a price-to-earnings ratio of -0.20 and a beta of -0.33. The stock has a 50-day moving average price of $5.63 and a two-hundred day moving average price of $6.67.
Connectm Technology Solutions (OTCMKTS:CNTM – Get Free Report) last issued its quarterly earnings data on Friday, August 21st. The company reported ($0.64) EPS for the quarter. The company had revenue of $9.79 million for the quarter. Connectm Technology Solutions had a negative return on equity of 506.01% and a net margin of 3.72%.
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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