$1.77M in average volume shows that Mister Car Wash Inc (MCW) is heading in the right direction

Mister Car Wash Inc (NYSE: MCW) kicked off on Friday, down -0.14% from the previous trading day, before settling in for the closing price of $7.13. Over the past 52 weeks, MCW has traded in a range of $4.80-$10.07.

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Consumer Cyclical Sector giant saw their annual sales surged by 11.14% over the last five years. While this was happening, its average annual earnings per share was recorded 1.43%. With a float of $92.64 million, this company’s outstanding shares have now reached $315.19 million.

The firm has a total of 6600 workers. Let’s measure their productivity.

Mister Car Wash Inc (MCW) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Personal Services Industry. The insider ownership of Mister Car Wash Inc is 70.98%, while institutional ownership is 37.05%. The most recent insider transaction that took place on Jun 26 ’24, was worth 234,955. In this transaction Chief Executive Officer of this company sold 33,904 shares at a rate of $6.93, taking the stock ownership to the 5,050,517 shares. Before that another transaction happened on Jun 26 ’24, when Company’s Chief Financial Officer sold 4,079 for $6.93, making the entire transaction worth $28,267. This insider now owns 44,854 shares in total.

Mister Car Wash Inc (MCW) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 1.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to 197.89% growth over the previous five years of trading.

Mister Car Wash Inc (NYSE: MCW) Trading Performance Indicators

Take a look at Mister Car Wash Inc’s (MCW) current performance indicators. Last quarter, stock had a quick ratio of 0.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.38 in one year’s time.

Technical Analysis of Mister Car Wash Inc (MCW)

Analysing the last 5-days average volume posted by the [Mister Car Wash Inc, MCW], we can find that recorded value of 3.94 million was better than the volume posted last year of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 45.69%. Additionally, its Average True Range was 0.26.

During the past 100 days, Mister Car Wash Inc’s (MCW) raw stochastic average was set at 24.35%, which indicates a significant decrease from 61.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.10% in the past 14 days, which was lower than the 40.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.10, while its 200-day Moving Average is $7.25. Now, the first resistance to watch is $7.28. This is followed by the second major resistance level at $7.45. The third major resistance level sits at $7.70. If the price goes on to break the first support level at $6.86, it is likely to go to the next support level at $6.61. Should the price break the second support level, the third support level stands at $6.44.

Mister Car Wash Inc (NYSE: MCW) Key Stats

The company with the Market Capitalisation of 2.27 billion has total of 319,509K Shares Outstanding. Its annual sales at the moment are 927,070 K in contrast with the sum of 80,130 K annual income. Company’s last quarter sales were recorded 239,180 K and last quarter income was 16,640 K.