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. Based on an average trading volume of 9,710 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Connectm Technology Solutions Trading Down 3.2%
Shares of CNTM opened at $4.84 on Tuesday. The firm has a market cap of $27.25 million, a price-to-earnings ratio of -0.19 and a beta of -0.33. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.18 and a current ratio of 0.18. Connectm Technology Solutions has a fifty-two week low of $0.32 and a fifty-two week high of $17.12. The firm has a 50 day moving average price of $5.56 and a 200-day moving average price of $6.64.
Connectm Technology Solutions (OTCMKTS:CNTM – Get Free Report) last announced its quarterly earnings data on Friday, August 21st. The company reported ($0.64) earnings per share (EPS) for the quarter. The business had revenue of $9.79 million during the quarter. Connectm Technology Solutions had a net margin of 3.72% and a negative return on equity of 506.01%.
About Connectm Technology Solutions
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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