908 Devices Stock Today

MASS Stock  USD 2.62  0.03  1.16%   

Performance

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Odds Of Distress

Less than 23

 
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908 Devices is selling for under 2.62 as of the 28th of November 2024; that is 1.16 percent increase since the beginning of the trading day. The stock's lowest day price was 2.57. 908 Devices has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for 908 Devices are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
18th of December 2020
Category
Healthcare
Classification
Health Care
908 Devices Inc., a commercial-stage technology company, provides various purpose-built handheld and desktop mass spectrometry devices to interrogate unknown and invisible materials in life sciences research, bioprocessing, industrial biotech, forensics, and adjacent markets. The company has 34.82 M outstanding shares of which 1.45 M shares are now shorted by private and institutional investors with about 5.28 trading days to cover. More on 908 Devices

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908 Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, Drugs, Measuring and Control Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.370.2475
Way Up
Slightly volatile
Gross Profit Margin0.420.5041
Significantly Down
Slightly volatile
Total Current Liabilities14.3 M22.5 M
Way Down
Slightly volatile
Non Current Liabilities Total14.2 M14.9 M
Notably Down
Slightly volatile
Total Assets174.3 M203 M
Fairly Down
Slightly volatile
Total Current Assets157.5 M173.8 M
Moderately Down
Slightly volatile
Debt Levels
908 Devices can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand 908 Devices' financial leverage. It provides some insight into what part of 908 Devices' total assets is financed by creditors.
Liquidity
908 Devices currently holds 5.95 M in liabilities with Debt to Equity (D/E) ratio of 0.1, which may suggest the company is not taking enough advantage from borrowing. 908 Devices has a current ratio of 15.15, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about 908 Devices' use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(1.78 Million)
908 Devices (MASS) is traded on NASDAQ Exchange in USA. It is located in 645 Summer Street, Boston, MA, United States, 02210 and employs 230 people. 908 Devices is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 90.19 M. 908 Devices conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 34.82 M outstanding shares of which 1.45 M shares are now shorted by private and institutional investors with about 5.28 trading days to cover. 908 Devices currently holds about 212.99 M in cash with (25.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check 908 Devices Probability Of Bankruptcy
Ownership Allocation
908 Devices secures a total of 34.82 Million outstanding shares. Over half of 908 Devices' outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check 908 Ownership Details

908 Stock Institutional Holders

InstituionRecorded OnShares
Sumitomo Mitsui Trust Group Inc2024-09-30
495.2 K
State Street Corp2024-06-30
473.3 K
Dimensional Fund Advisors, Inc.2024-09-30
397 K
Renaissance Technologies Corp2024-09-30
322.4 K
Junked Platinum Investment Management Ltd2024-09-30
257.4 K
Sands Capital Ventures, Llc2024-09-30
237.3 K
Charles Schwab Investment Management Inc2024-09-30
220.5 K
Citadel Advisors Llc2024-09-30
217.1 K
Northern Trust Corp2024-09-30
186.7 K
Ark Investment Management Llc2024-09-30
3.2 M
Ameriprise Financial Inc2024-06-30
1.9 M
View 908 Devices Diagnostics

908 Devices Historical Income Statement

At this time, 908 Devices' Net Interest Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 6.5 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.4 M in 2024. View More Fundamentals

908 Stock Against Markets

908 Devices Corporate Management

Kevin KnoppCEO, CoFounderProfile
Joseph IVCFO TreasurerProfile
Steve AraizaCoFounderProfile
Scott MillerCofounder EngineeringProfile
JD EsqChief SecretaryProfile

Additional Tools for 908 Stock Analysis

When running 908 Devices' price analysis, check to measure 908 Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.