With 0.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.36 million shares. The 52-week range on MAMA shows that it touched its highest point at $9.98 and its lowest point at $4.38 during that stretch. It currently has a 1-year price target of $11.00. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MAMA was down-trending over the past week, with a drop of -18.43%, but this was down by -24.36% over a month. Three-month performance dropped to -28.90% while six-month performance fell -28.73%. The stock gained 22.02% in the past year, while it has lost -25.50% so far this year. A look at the trailing 12-month EPS for MAMA yields 0.09 with Next year EPS estimates of 0.18. For the next quarter, that number is 0.03. This implies an EPS growth rate of -51.47% for this year and 121.21% for next year. EPS is expected to grow by 16.67% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 65.18%.
Float and Shares Shorts:
At present, 37.59 million MAMA shares are outstanding with a float of 33.81 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MAMA since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.16323 being high and $0.15694 being low. For MAMA, this leads to a yearly average estimate of $0.16. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.03.
