Maris Tech Ltd (MTEK) saw downtrend of -10.25% in the recent trading with $3.94 being its most recent. The current price level -39.10% lower than the highest price of $6.47 marked by the stock while trading over the past 52-weeks, whereas it is 286.24% higher than the lowest price of $1.02 the company dropped to over past 52-weeks. The latest news story on MTEK appeared in (GlobeNewswire) under the title “Maris-Tech Secures a Significant $1 Million Order from a U.S. Repeat Customer in the Homeland Security Industry for Advanced Jupiter-based Video Solution”.
Squeezing the time span to 30 day period shows us the stock is currently trading -39.10% below one month high and is +86.73% above of the lowest during that time. Looking into the simple moving average, Maris Tech Ltd (MTEK)’s stock stands at a SMA-50 of $2.90 while that of 5-day is reading $4.90.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MTEK’s SMA-200 as of now is $1.94.
Maris Tech Ltd Earnings – What Happened With MTEK
Coming around sales and income figures on MTEK Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
MTEK – Maris Tech Ltd Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 7.88 million. MTEK does have institutional investors; and they hold 11.37% of the stock.
Maris Tech Ltd – Insider Activity and Holdings
As on 2024-06-30, AMH EQUITY LTD was the top most holder in Maris Tech Ltd (NASDAQ:MTEK) with an ownership of 0.45 million shares of the company or 5.7308 of the stake worth $0.67 million. The filing also reveals RENAISSANCE TECHNOLOGIES LLC as the second largest holder in the company with a control over 1.3265 of the outstanding shares. Its stake is worth $0.16 million for having 0.1 million shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Maris Tech Ltd has a debt to equity ratio of 0.17.
Technical Analysis of Maris Tech Ltd (NASDAQ:MTEK) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Maris Tech Ltd (MTEK), we notice that the stock’s 20-day average volume is at 504,545 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 238,678 shares. And to end, MTEK’s 100-day average volume is 138,816 shares with 100% of the long-term indicators pointing towards Buy for the stock.
