ConnectM Technology Solutions Inc

NASDAQ:CNTM

$0.91 USD

-$0.07 (-6.67%)

Volume
57.96K
Average Volume
203.9K
Market Capitalization
$21.35M
P/E Ratio
-0.50
Dividend Yield
0.00%
Price Target
$
Year High
$12.47
Year Low
$0.67
Payout Ratio
$0.00
Current Ratio
$0.02

Industry, Sector & symbol

Stock Exchange NASDAQ Global Market
CEO Mr. Bhaskar C. Panigrahi
Industry None
Sector None
Current Symbol CNTM
CUSIP None
CIK None
Web None
Phone None
Currency USD
Employees 154
Country None

Liquidity

Debt-to-Equity Ratio 0.00
Payout Ratio 0.00
Current Ratio 0.02
Quick Ratio 0.02
Cash Ratio 0.02

Sales & Book Value

Annual Sales $-
Price / Sales 1.37
Cash Flow -0.19
Price / Cash Flow -11.68
Price / Book 0.00

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Neutral
Rating Score(0-5) 3
Research Coverage 0 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-1.32
Trailing P/E Ratio -0.50
PEG Ratio -0.02
P/E Growth -0.02
Net Income $-14.94M
Net Margin -111.63%
Pretax Margin -105.78%
Return on Equity -0.09%
Return on Assets -21.73%

Financials Score

AltmanZ Score -0.55
Piotroski Score 3.00
Working Capital -10.8M
Total Assets 80.14M
Ebit -4.43M
Market Cap 21.35M
Total Liabilities 41.11M

Poll Results

About ConnectM Technology Solutions Inc (NASDAQ:CNTM) Stock

None ... None

ConnectM Releases Preliminary Third Quarter 2024 Results & Details Significant Operational Progress

2024-11-19 08:30:00

~ Third Quarter Revenue Increased 36% to $6.1 million YoY~ ~ Revenues For The Nine Months Increased 11% to $17.3 million ~ ~ FY2024 On-Track to Deliver Revenue of North of $24.0 million, an Increase of 20% YoY ~ ~ On Track to Achieve Operating Cash Flow Breakeven in The First Quarter of 2025~ MARLBOROUGH, Mass., Nov. 19, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced preliminary results for the quarter ended September 30, 2024.

ConnectM Secures Transformative Master Services Agreement with Devlin Energy, Most Trusted Solar and Battery Retrofit Installer in New England

2024-10-01 08:30:00

~ Expected to Add $20+ Million in Revenue in Next Twelve Months ~ ~ Completed MSA and Pipeline of MSAs Unique to ConnectM's Growth Strategy, Offers Topline Growth and Profitability at an Accelerated Pace ~ MARLBOROUGH, Mass., Oct. 01, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced it has entered into a Master Services Agreement (the “MSA”) with Devlin Contracting and Maintenance, Inc. doing business as Devlin Energy, a business dedicated to renewable energy and solar installations within New England.

ConnectM Successfully Eliminates $7.5 Million in Debt, Reaching Halfway Mark in Debt-To-Equity Conversion

2024-09-17 08:30:00

~ Conversion Reduces Annual Interest Expense by $1.8 Million Transferring to Free Cash Flow of Equal Value ~ MARLBOROUGH, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) --  ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced the Company has completed more than half of its initial tranche of a debt-to-equity swap by converting $7.5 million of the Company's outstanding debt to common equity at $2.00 per share.

ConnectM Prepares to Deleverage Balance Sheet with Board's Approval of Debt-to-Equity Conversion

2024-08-28 08:30:00

Opens Trading Window for Management MARLBOROUGH, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced that the Company's Board of Directors has approved a debt equity swap to deleverage the balance sheet, converting up to $15 million of the Company's outstanding debt to common equity at $2.00 per share.

CNTM Stock Earnings: ConnectM Technology Reported Results for Q2 2024

2024-08-23 05:07:40

ConnectM Technology (NASDAQ: CNTM ) just reported results for the second quarter of 2024. ConnectM Technology reported earnings per share of 15 cents.

Frequently Asked Questions

What is the current ConnectM Technology Solutions Inc (CNTM) stock price?

ConnectM Technology Solutions Inc(NASDAQ:CNTM) stock price is $0.91 in the last trading session. During the trading session, CNTM stock reached the peak price of $12.47 while $0.671 was the lowest point it dropped to. The percentage change in CNTM stock occurred in the recent session was --6.67% while the dollar amount for the price change in CNTM stock was -$-0.07.

CNTM's industry and sector of operation?

The NASDAQ listed CNTM is part of None industry that operates in the broader None sector.

Who are the executives of CNTM?

Mr. Daniel R. Davis | Interim Chief Financial Officer
Mr. Kevin Stateham | Vice President of Sales & Corporate Development
Mr. Bhaskar C. Panigrahi | Chief Executive Officer & Chairman
Mr. Mahesh Choudhury | Vice President of US Operations
Mr. Girish Subramanya | Global Chief Technology Officer & Head of India Operations

How many employees does CNTM have?

Number of CNTM employees currently stands at 154. CNTM operates from None, None, None None, None.

Link for CNTM official website?

Official Website of CNTM is: None

How do I contact CNTM?

CNTM could be contacted at phone #None and can also be accessed through its website. CNTM operates from None, None, None None, None.

How many shares of CNTM are traded daily?

The average number of CNTM shares traded daily for last 3 months was 203.9K.

What is the market cap of CNTM currently?

The market value of CNTM currently stands at $21.35M with its latest stock price at $0.91