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MMAT

MMAT | US

0.11

USD

-0.04

-27.15%

MMAT | US

About MMAT

Sector

Technology

Industry

Electronic Components

Earnings date

31/03/2024

As of date

21/10/2024

Close

0.11

Open

0.11

High

0.11

Low

0.11

Meta Materials Inc. a smart materials and photonics company develops manufactures and sells various functional materials and nanocomposites. The company products include metaAIR a laser glare protection eyewear; NANOWEB a transparent conductive film; holoOPTIX a holographic optical element; glucoWISE a non-invasive glucose measurement device; and metaSURFACE which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. It also develops and produces nano-optic structures and color-shifting foils that are used in authentication and brand protection applications in various markets including banknotes secure government documents and commercial branding. In addition the company develops NPORE a ceramic nanoporous membrane separator for lithium-ion batteries. Its customers are OEM providers in various industries including aerospace automotive consumer electronics communications energy banknote and brand security and medical devices. The company was formerly known as Torchlight Energy Resources Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. was incorporated in 2011 and is headquartered in Dartmouth Canada.

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MMAT | US

Risk
349.0
Sharpe
-0.57
Luna's Score
39/100
Recommendation
Sell

Luna says (MMAT | US)

What's Working

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

High Short-term Volatility

High 6-Month Volatility (>65%)

Microcap (<300M USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

459.1%

1 month

349.0%

3 months

241.2%

6 months

200.0%

Returns

Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

0.06

Debt to equity

0.62

Debt to assets

0.25

Ent. to EBITDA

-2.06

Ent. to rev.

0.52

PEG

-

Other Fundamentals

EBITDA

-33.05M

MarketCap

2.56M

MarketCap(USD)

2.56M

Div. yield

-

Op. margin

-173.71

Erngs. growth

-

Rev. growth

131.70

Ret. on equity

-197.84

Short ratio

4.96

Short perc.

7.23

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

0.40

Range1M

0.43

Range3M

2.66

Volumes: Market Activity

Rel. volume

0.07

Price X volume

119.57

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
AgEagle Aerial Systems IncUAVSComputer Systems1.81.53M-21.05%n/a111.62%
Omnitek Engineering CorpOMTKAuto Parts0.0175429.15K-2.23%n/a0.00%
LIDRWLIDRWAuto Parts0.0076018.75%n/a68.28%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
SiriusPoint Ltd.SPNT-PBInsurance-Reinsurance25.62200.32%n/a24.93%
RenaissanceRe Holdings Ltd.RNR-PGInsurance-Reinsurance18.290-0.71%n/a19.26%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-2.0627.94Cheaper
Ent. to Revenue0.524.59Cheaper
PE Ratio-33.50-
Price to Book0.065.39Cheaper
Dividend Yield-1.24-
Std. Deviation (3M)241.2453.45Riskier
Debt to Equity0.620.43Expensive
Debt to Assets0.250.22Par
Market Cap2.56M6.69BEmerging
  • 1

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