MKR: bounce from bearish trend?A price action above 6700 supports a bullish trend direction.
Further bullish confirmation for a break above 7200.
The target price is set at 8000.
The stop-loss price is set at 5900.
Remains every risky trade.
Next report date
Report period
Q1 2024
EPS estimate
0.01USD
Revenue estimate
52.56 MUSD
0.11USD
14.95 MUSD
174.90 MUSD
45.46 M
About Montauk Renewables, Inc.
Sector
Industry
CEO
Sean Fitzgerald McClain
Website
Headquarters
Pittsburgh
Employees (FY)
151
Founded
1980
FIGI
BBG00YHYK2C2
Montauk Renewables, Inc. engages in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement to fossil fuels. The firm develops, owns, and operates renewable gas projects. It operates through the Renewable Natural Gas and Renewable Electricity Generation segments. The Renewable Natural Gas segment deals with the production of renewable natural gas. The Renewable Electricity Generation segment includes generation of electricity at biogas-to-electricity plants. The company was founded in 1980 and is headquartered in Pittsburgh, PA.
MKR.JSE Montauk Renewables. Trend Cloud Study.Montauk Renewables - Bio-Gas Supplier as we all know.
This Chart Depicts the Highly Cyclical nature of these Commodities. It's one to Trade, not a long Term Investment.
The recent sell-off could soon offer an Entry Opportunity.
But we need to wait for a decent reversal of the current Down Trend.
M
$JSEMKR - Montauk Renewables: Down, Down, Down, She GoesSee link below for previous analysis.
Montauk recently released it FY'23 annual results and they were not pretty.
The renewable-energy company posted fiscal 2023 earnings of $14.9 million, or 11 cents a share, down from $35.2 million, or 25 cents a share, in the same quarter last year.
Analysts
Montauk Renewables - Bullish ConsolidationAfter moving upwards from around 130, MKR is now trading in a range between 168.50 and 190.00.
This looks like a bullish continuation pattern and should we see a breakout to the upside, potential targets are 220 and 230. Failure would be a close below 164.00.
Montauk Renewables IH&S Pattern.Montauk Renewables is Printing an Inverse Head & Shoulder Pattern as seen on this Graph.
The Chart shows the Trend Pattern.
I trust this Trend Pattern plays out for those Invested.
Any thoughts or comments are welcome.
Regards Graham.
MKR: rounding bottom pattern?A price action above 13300 supports a bullish trend direction.
Crossing above 14900 will act as further confirmation of the bullish trend direction.
The target price is set at 16200.
The stop-loss price is set at 12700.
It will appear that a rounding bottom pattern is starting to unfold.
Remains a r
Montauk Renewables - Looking for directionMKR has broken two areas of strong support. First it broke its uptrend - blue TL and then broke horizontal support at 141.40. Currently trading in a small range in 'no-mans land' looking for direction. Either we could see a move lower to around 93-95 or hopefully it reclaims support at 141.40.
$JSEMKR - Montauk Renewables: Consolidation Or Turnaround?Montauk had a good run since listing on the JSE in January 2021.
Since hitting an all time high at 36200, the share has lost almost 53% and could present good buying opportunity at current levels.
The technical structure is still unclear though there are early indications that the selling pressure
Can $MNTK continue to lead the Utilities sector?Notes:
* Recent IPO with steady up trend
* Not the best earnings in the recent quarters
* Basing for the past ~3 months
* While basing it bounced off of its IPO highs around the 13.8 area
* Recently breaking and holding above a pivot area between 16.65 and 16.9
* Daily and weekly volume seems to be
MONTAUK RENEWABLESmontuk bull trend still intact a break of the range will push thee stock even higher
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of MNTK is 3.79 USD — it has increased by 1.61% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Montauk Renewables, Inc. stocks are traded under the ticker MNTK.
Montauk Renewables, Inc. is going to release the next earnings report on May 8, 2024. Keep track of upcoming events with our Earnings Calendar.
MNTK stock is 5.54% volatile and has beta coefficient of 1.16. Check out the list of the most volatile stocks — is Montauk Renewables, Inc. there?
MNTK earnings for the last quarter are 0.09 USD per share, whereas the estimation was 0.10 USD resulting in a −9.65% surprise. The estimated earnings for the next quarter are 0.07 USD per share. See more details about Montauk Renewables, Inc. earnings.
Montauk Renewables, Inc. revenue for the last quarter amounts to 55.69 M USD despite the estimated figure of 59.35 M USD. In the next quarter revenue is expected to reach 56.87 M USD.
Yes, you can track Montauk Renewables, Inc. financials in yearly and quarterly reports right on TradingView.
MNTK stock has risen by 7.37% compared to the previous week, the month change is a 1.30% fall, over the last year Montauk Renewables, Inc. has showed a 41.60% decrease.
MNTK net income for the last quarter is 4.80 M USD, while the quarter before that showed 12.93 M USD of net income which accounts for −62.90% change. Track more Montauk Renewables, Inc. financial stats to get the full picture.
Today Montauk Renewables, Inc. has the market capitalization of 544.34 M, it has increased by 0.14% over the last week.
No, MNTK doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, MNTK shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Montauk Renewables, Inc. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 26, 2024, the company has 151.00 employees. See our rating of the largest employees — is Montauk Renewables, Inc. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Montauk Renewables, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Montauk Renewables, Inc. stock shows the sell signal. See more of Montauk Renewables, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Montauk Renewables, Inc. future price: according to them, MNTK price has a max estimate of 8.00 USD and a min estimate of 5.00 USD. Read a more detailed Montauk Renewables, Inc. forecast: see what analysts think of Montauk Renewables, Inc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Montauk Renewables, Inc. EBITDA is 46.29 M USD, and current EBITDA margin is 26.46%. See more stats in Montauk Renewables, Inc. financial statements.