Meta Materials Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $0.2101
- Today's High:
- $0.2238
- Open Price:
- $0.2148
- 52W Low:
- $0.17
- 52W High:
- $2.34
- Prev. Close:
- $0.22
- Volume:
- 2769904
Company Statistics
- Market Cap.:
- $116.17 million
- Book Value:
- 0.212
- Revenue TTM:
- $7.34 million
- Operating Margin TTM:
- -1032.33%
- Gross Profit TTM:
- $3.41 million
- Profit Margin:
- 0%
- Return on Assets TTM:
- -14.87%
- Return on Equity TTM:
- -136.6%
Company Profile
Meta Materials Inc had its IPO on 2010-11-08 under the ticker symbol MMAT.
The company operates in the Technology sector and Electronic Components industry. Meta Materials Inc has a staff strength of 239 employees.
Stock update
Shares of Meta Materials Inc opened at $0.21 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0.21 - $0.22, and closed at $0.21.
This is a -2.32% slip from the previous day's closing price.
A total volume of 2,769,904 shares were traded at the close of the day’s session.
In the last one week, shares of Meta Materials Inc have slipped by -10.46%.
Meta Materials Inc's Key Ratios
Meta Materials Inc has a market cap of $116.17 million, indicating a price to book ratio of 1.359 and a price to sales ratio of 44.8983.
In the last 12-months Meta Materials Inc’s revenue was $7.34 million with a gross profit of $3.41 million and an EBITDA of $-63421584. The EBITDA ratio measures Meta Materials Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Meta Materials Inc’s operating margin was -1032.33% while its return on assets stood at -14.87% with a return of equity of -136.6%.
In Q2, Meta Materials Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 38.9%.
Meta Materials Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.92 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Meta Materials Inc’s profitability.
Meta Materials Inc stock is trading at a EV to sales ratio of 45.5964 and a EV to EBITDA ratio of -5.8085. Its price to sales ratio in the trailing 12-months stood at 44.8983.
Meta Materials Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $128.86 million
- Total Liabilities
- $16.76 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $4.80 million
- Dividend Payout Ratio
- 0%
Meta Materials Inc ended 2024 with $128.86 million in total assets and $0 in total liabilities. Its intangible assets were valued at $128.86 million while shareholder equity stood at $100.25 million.
Meta Materials Inc ended 2024 with $0 in deferred long-term liabilities, $16.76 million in other current liabilities, 450059.00 in common stock, $-521843392.00 in retained earnings and $0.00 in goodwill. Its cash balance stood at $13.96 million and cash and short-term investments were $13.96 million. The company’s total short-term debt was $1,606,441 while long-term debt stood at $3.18 million.
Meta Materials Inc’s total current assets stands at $19.83 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.99 million compared to accounts payable of $11.66 million and inventory worth $477197.00.
In 2024, Meta Materials Inc's operating cash flow was $0 while its capital expenditure stood at $4.80 million.
Comparatively, Meta Materials Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $0.21
- 52-Week High
- $2.34
- 52-Week Low
- $0.17
- Analyst Target Price
- $1.35
Meta Materials Inc stock is currently trading at $0.21 per share. It touched a 52-week high of $2.34 and a 52-week low of $2.34. Analysts tracking the stock have a 12-month average target price of $1.35.
Its 50-day moving average was $0.22 and 200-day moving average was $0.57 The short ratio stood at 7.1 indicating a short percent outstanding of 0%.
Around 2692.7% of the company’s stock are held by insiders while 761.3% are held by institutions.
Frequently Asked Questions About Meta Materials Inc
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About
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.