Ecovyst Inc (ECVT) average volume reaches $797.31K: Is Wall Street expecting a rally?

KHC Stock

On Tuesday, Ecovyst Inc (NYSE: ECVT) was 0.56% jump from the session before ,before settling in for the closing price of $10.71. A 52-week range for ECVT has been $8.26 – $12.35.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales drop of Basic Materials Sector giant was -8.47%. When this article was written, the company’s average yearly earnings per share was at 14.42%. With a float of $104.37 million, this company’s outstanding shares have now reached $116.12 million.

Let’s determine the extent of company efficiency that accounts for 911 employees.

Ecovyst Inc (ECVT) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ecovyst Inc stocks. The insider ownership of Ecovyst Inc is 10.78%, while institutional ownership is 87.56%. The most recent insider transaction that took place on Mar 22 ’24, was worth 251,307. In this transaction Director of this company sold 24,436 shares at a rate of $10.28, taking the stock ownership to the 67,587 shares. Before that another transaction happened on Aug 23 ’23, when Company’s insider bought 5,000 for $9.67, making the entire transaction worth $48,350. This insider now owns 340,940 shares in total.

Ecovyst Inc (ECVT) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.22 earnings per share (EPS) during the time that was less than consensus figure (set at $0.23) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 14.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.14% during the next five years compared to 6.59% growth over the previous five years of trading.

Ecovyst Inc (NYSE: ECVT) Trading Performance Indicators

You can see what Ecovyst Inc (ECVT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.82. Likewise, its price to free cash flow for the trailing twelve months is 17.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.60, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 1.13 in one year’s time.

Technical Analysis of Ecovyst Inc (ECVT)

Looking closely at Ecovyst Inc (NYSE: ECVT), its last 5-days average volume was 0.65 million, which is a drop from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 29.43%. Additionally, its Average True Range was 0.30.

During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 78.15%, which indicates a significant increase from 71.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.87% in the past 14 days, which was higher than the 31.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.76, while its 200-day Moving Average is $9.96. However, in the short run, Ecovyst Inc’s stock first resistance to watch stands at $10.85. Second resistance stands at $10.94. The third major resistance level sits at $11.08. If the price goes on to break the first support level at $10.62, it is likely to go to the next support level at $10.48. Should the price break the second support level, the third support level stands at $10.39.

Ecovyst Inc (NYSE: ECVT) Key Stats

There are 117,000K outstanding shares of the company, which has a market capitalization of 1.26 billion. As of now, sales total 691,120 K while income totals 71,150 K. Its latest quarter income was 172,810 K while its last quarter net income were 29,930 K.