Should I buy or sell Meta Materials stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meta Materials in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MMAT shares. View MMAT analyst ratings or view top-rated stocks .

How have MMAT shares performed in 2024?

Meta Materials' stock was trading at $0.0330 on January 1st, 2024. Since then, MMAT stock has increased by 9,839.4% and is now trading at $3.28. View the best growth stocks for 2024 here .

When is Meta Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024. View our MMAT earnings forecast .

How were Meta Materials' earnings last quarter?

Meta Materials Inc. (NASDAQ:MMAT) posted its earnings results on Monday, November, 15th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $0.57 million for the quarter. Meta Materials had a negative trailing twelve-month return on equity of 26.47% and a negative net margin of 4,743.53%.

When did Meta Materials' stock split?

Meta Materials's stock split on the morning of Monday, February 5th 2024. The 2-1 split was announced on Monday, February 5th 2024. The newly created shares were payable to shareholders after the market closes on Monday, February 5th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has Meta Materials issued on next quarter's earnings?

Meta Materials issued an update on its fourth quarter 2023 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.2 million-$2.2 million, compared to the consensus revenue estimate of $3.1 million.

Who are Meta Materials' major shareholders?

Meta Materials' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Alexandre Zyngier , Allison Christilaw, Georgios Palikaras , Jonathan Waldern , Kenneth L Rice Jr, Michael James Graves , Steen Karsbo and Thomas Gordon Welch . View institutional ownership trends .

How do I buy shares of Meta Materials?

Shares of MMAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MMAT

Meta Materials (MMAT) Stock Price, News & Analysis

$3.28

+0.46 (+16.31%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $2.80
▼
$3.88
50-Day Range: $0.03
▼
$3.28
52-Week Range: $2.64
▼
$85.70

Volume: 1.11 million shs
Average Volume: 328,105 shs
Market Capitalization: $16.07 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get Meta Materials alerts:

About Meta Materials Stock (NASDAQ:MMAT)

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.

MMAT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MMAT Stock News Headlines

January 30, 2024 | msn.com

Meta Materials Adjusts Security Holders’ Rights

January 29, 2024 | investorplace.com

Meta Materials Plans to Issue New Preferred Stock With 1,000 Votes Per Share

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January 28, 2024 | msn.com

Meta Materials Clarifies Regulatory Information Disclosure

January 26, 2024 | msn.com

Meta Materials Appoints Uzi Sasson as President and CFO

January 26, 2024 | finance.yahoo.com

Meta Materials Announces Preliminary Results for The Fourth Quarter 2023

January 23, 2024 | finanznachrichten.de

Meta Materials Inc.: Meta Materials Announces Distribution of Series C Preferred Stock to Holders of its Common Stock

January 23, 2024 | finanznachrichten.de

Meta Materials Inc.: Meta Materials Announces 1-for-100 Reverse Stock Split to Regain Nasdaq Compliance

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January 23, 2024 | finance.yahoo.com

Meta Materials Announces 1-for-100 Reverse Stock Split to Regain Nasdaq Compliance

January 23, 2024 | finance.yahoo.com

Meta Materials Announces Distribution of Series C Preferred Stock to Holders of its Common Stock

January 17, 2024 | investorplace.com

Why Is Meta Materials (MMAT) Stock Up 38% Today?

January 11, 2024 | finanznachrichten.de

Meta Materials Inc.: Meta Materials Announces Proposed SEC Settlement

January 11, 2024 | finance.yahoo.com

Meta Materials Announces Proposed SEC Settlement

December 21, 2023 | finanznachrichten.de

Meta Materials Inc.: Meta Materials Announces Proposed Class Actions Settlement

December 21, 2023 | finance.yahoo.com

Meta Materials Announces Proposed Class Actions Settlement

December 16, 2023 | ca.finance.yahoo.com

MMAT Apr 2024 1.000 call

December 16, 2023 | ca.finance.yahoo.com

MMAT Jan 2026 5.000 put

December 8, 2023 | finance.yahoo.com

Meta Materials Releases Board Letter to Shareholders

December 5, 2023 | benzinga.com

Meta Materials Stock (NASDAQ:MMAT) Dividends: History, Yield and Dates

December 4, 2023 | investorplace.com

Meta Materials Is Selling $6 Million Worth of MMAT Stock

December 4, 2023 | msn.com

Why Meta Materials Stock (MMAT) Is Down 30%

December 4, 2023 | msn.com

Meta Materials plunges on plan to sell shares, warrants in direct offering

December 4, 2023 | finance.yahoo.com

Meta Materials Announces $6.0 Million Registered Direct Offering

November 27, 2023 | finanznachrichten.de

Meta Materials Inc.: Meta Materials Receives Two International Hologram Manufacturers Association -IHMA Awards

November 13, 2023 | finanznachrichten.de

Meta Materials Inc.: Meta Materials Announces Financial Results for the Third Quarter 2023

November 13, 2023 | benzinga.com

Meta Materials: Q3 Earnings Insights

See More Headlines

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Company Calendar

Last Earnings: 11/13/2023
Today: 2/11/2024
Next Earnings (Estimated): 3/28/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Electronic Components
Sub-Industry: N/A
Current Symbol: NASDAQ:MMAT
CUSIP: N/A
CIK: 1431959
Web: www.metamaterial.com
Phone: (902) 482-5729
Fax: N/A
Employees: 239
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($76.00)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-79,100,000.00
Net Margins: -4,743.53%
Pretax Margin: -4,844.27%
Return on Equity: -26.47%
Return on Assets: -23.55%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 0.96
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $10.20 million
Price / Sales: 1.58
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $104.50 per share
Price / Book: 0.03

Miscellaneous

Outstanding Shares: 4,900,000
Free Float: 4,888,000
Market Cap: $16.07 million
Optionable: Optionable
Beta: 1.69

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Key Executives

Mr. Uzi Sasson (Age 61)
CEO, President & Principal Financial Officer
Dr. Efthymios Kallos Ph.D.
Co-Founder & Chief Science Officer
Mr. Clint Landrock B.Eng.
M.ASc., Vice President of Technology & Innovation
Mr. George Francis
Chief Information Officer
Mr. Mark Komonoski
Director of Capital Markets & Investor Relations
Mr. D. Daniel Eaton (Age 60)
Chief Legal Officer
Mr. Robert Warren Stone
Vice President of Corporate Development & Communications
Mr. Brian Donnelly
Executive Vice President of Sales
Ms. Jennifer K. Cheraso (Age 56)
Chief Human Resources Officer
Mr. Keith Benjamin Abriel CA (Age 51)
CFA, CPA, Advisor
Comp: $90.46k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MMAT Stock Analysis - Frequently Asked Questions

Should I buy or sell Meta Materials stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meta Materials in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MMAT shares.
View MMAT analyst ratings or view top-rated stocks.
How have MMAT shares performed in 2024?: Meta Materials' stock was trading at $0.0330 on January 1st, 2024. Since then, MMAT stock has increased by 9,839.4% and is now trading at $3.28.
View the best growth stocks for 2024 here.
When is Meta Materials' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024.
View our MMAT earnings forecast.
How were Meta Materials' earnings last quarter?: Meta Materials Inc. (NASDAQ:MMAT) posted its earnings results on Monday, November, 15th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $0.57 million for the quarter. Meta Materials had a negative trailing twelve-month return on equity of 26.47% and a negative net margin of 4,743.53%.

When did Meta Materials' stock split?: Meta Materials's stock split on the morning of Monday, February 5th 2024. The 2-1 split was announced on Monday, February 5th 2024. The newly created shares were payable to shareholders after the market closes on Monday, February 5th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
What guidance has Meta Materials issued on next quarter's earnings?: Meta Materials issued an update on its fourth quarter 2023 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.2 million-$2.2 million, compared to the consensus revenue estimate of $3.1 million.
Who are Meta Materials' major shareholders?: Meta Materials' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Alexandre Zyngier, Allison Christilaw, Georgios Palikaras, Jonathan Waldern, Kenneth L Rice Jr, Michael James Graves, Steen Karsbo and Thomas Gordon Welch.
View institutional ownership trends.
How do I buy shares of Meta Materials?: Shares of MMAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MMAT) was last updated on 2/12/2024 by MarketBeat.com Staff

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