Connectm Technology Solutions Inc. (OTCMKTS:CNTM – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 414 shares, a decline of 68.8% from the June 30th total of 1,327 shares. Based on an average daily volume of 4,715 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Connectm Technology Solutions Trading Up 7.7%
Shares of CNTM stock opened at $5.89 on Friday. Connectm Technology Solutions has a 12 month low of $0.00 and a 12 month high of $17.12. The company has a market cap of $33.16 million, a PE ratio of -0.24 and a beta of -0.38. The company has a quick ratio of 0.22, a current ratio of 0.24 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average is $6.93 and its two-hundred day moving average is $8.09.
Connectm Technology Solutions (OTCMKTS:CNTM – Get Free Report) last posted its quarterly earnings data on Tuesday, May 26th. The company reported ($0.77) earnings per share (EPS) for the quarter. The company had revenue of $8.17 million for the quarter.
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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