Connectm Technology Solutions Inc. (OTCMKTS:CNTM – Get Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 490 shares, a decline of 68.0% from the May 14th total of 1,530 shares. Based on an average trading volume of 6,155 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Connectm Technology Solutions Trading Down 0.7%
OTCMKTS CNTM traded down $0.05 during trading on Friday, hitting $6.95. 1,531 shares of the company’s stock traded hands, compared to its average volume of 5,836. The stock has a fifty day moving average of $6.53 and a two-hundred day moving average of $8.82. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.24 and a quick ratio of 0.22. Connectm Technology Solutions has a 12-month low of $0.00 and a 12-month high of $17.12. The firm has a market cap of $39.15 million, a P/E ratio of -0.28 and a beta of -0.20.
Connectm Technology Solutions (OTCMKTS:CNTM – Get Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The company reported ($0.77) earnings per share (EPS) for the quarter. The business 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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