Witnessing the stock’s movement on the chart, on Thursday, MP Materials Corporation (NYSE: MP) had a quiet start as it plunged -0.63% to $17.30, before settling in for the price of $17.41 at the close. Taking a more long-term approach, MP posted a 52-week range of $12.68-$28.71.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 51.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 191.71%. This publicly-traded company’s shares outstanding now amounts to $178.08 million, simultaneously with a float of $133.97 million. The organization now has a market capitalization sitting at $3.08 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.32, while the 200-day Moving Average is $18.35.
MP Materials Corporation (MP) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Other Industrial Metals & Mining industry. MP Materials Corporation’s current insider ownership accounts for 24.77%, in contrast to 53.50% institutional ownership. According to the most recent insider trade that took place on May 31 ’23, this organization’s Chief Operating Officer bought 5,000 shares at the rate of 20.69, making the entire transaction reach 103,450 in total value, affecting insider ownership by 126,622. Preceding that transaction, on May 30 ’23, Company’s Chief Operating Officer bought 6,000 for 21.14, making the whole transaction’s value amount to 126,840. This particular insider is now the holder of 121,622 in total.
MP Materials Corporation (MP) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.02 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.04) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
MP Materials Corporation’s EPS increase for this current 12-month fiscal period is 191.71% and is forecasted to reach 1.93 in the upcoming year.
MP Materials Corporation (NYSE: MP) Trading Performance Indicators
Let’s observe the current performance indicators for MP Materials Corporation (MP). It’s Quick Ratio in the last reported quarter now stands at 9.54. The Stock has managed to achieve an average true range (ATR) of 0.84. Alongside those numbers, its PE Ratio stands at $144.77, and its Beta score is 2.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.16.
In the same vein, MP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.12, a figure that is expected to reach -0.02 in the next quarter, and analysts are predicting that it will be 1.93 at the market close of one year from today.
Technical Analysis of MP Materials Corporation (MP)
Going through the that latest performance of [MP Materials Corporation, MP]. Its last 5-days volume of 7.47 million indicated improvement to the volume of 3.69 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 95.56% While, its Average True Range was 0.90.
Raw Stochastic average of MP Materials Corporation (MP) in the period of the previous 100 days is set at 56.55%, which indicates a major fall in contrast to 94.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 64.54% that was higher than 58.68% volatility it exhibited in the past 100-days period.
