Connectm Technology Solutions (NASDAQ:CNTM) Stock Price Down 8% – Should You Sell?

Connectm Technology Solutions Inc. (NASDAQ:CNTMGet Free Report)’s stock price dropped 8% on Thursday . The company traded as low as $0.3589 and last traded at $0.3770. Approximately 79,465 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 226,430 shares. The stock had previously closed at $0.4096.

Connectm Technology Solutions Stock Down 8.0%

The stock has a market cap of $8.01 million, a price-to-earnings ratio of -0.38 and a beta of -0.17. The stock’s fifty day moving average is $0.36 and its 200-day moving average is $0.22.

Connectm Technology Solutions Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Connectm Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Connectm Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter.