Ecovyst Inc (NYSE: ECVT) kicked off on Monday, down -5.68% from the previous trading day, before settling in for the closing price of $6.69. Over the past 52 weeks, ECVT has traded in a range of $6.55-$11.35.
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
Over the past five-year period, the drop rate of yearbook sales for the company of the Basic Materials sector was -8.47%. While this was happening, its average annual earnings per share was recorded -13.52%. With a float of $106.19 million, this company’s outstanding shares have now reached $116.12 million.
Considering the fact that the conglomerate employs 911 people, you should pay attention to its efficiency factor.
Ecovyst Inc (ECVT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Ecovyst Inc is 9.24%, while institutional ownership is 93.84%. 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 See Remarks 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
According to the Wall Street analysts, stocks earnings will be around -13.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.03% during the next five years compared to 6.59% growth over the previous five years of trading.
Ecovyst Inc (NYSE: ECVT) Trading Performance Indicators
Take a look at Ecovyst Inc’s (ECVT) current performance indicators. Last quarter, stock had a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 9.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.48, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.93 in one year’s time.
Technical Analysis of Ecovyst Inc (ECVT)
Compared to the last year’s volume of 0.8 million, its volume of 2.46 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.02%. Additionally, its Average True Range was 0.47.
During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 5.44%, which indicates a significant decrease from 7.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.58% in the past 14 days, which was higher than the 50.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.08, while its 200-day Moving Average is $9.48. Nevertheless, the first resistance level for the watch stands at $6.55 in the near term. At $6.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.05. If the price goes on to break the first support level at $6.05, it is likely to go to the next support level at $5.78. Should the price break the second support level, the third support level stands at $5.54.
Ecovyst Inc (NYSE: ECVT) Key Stats
The company with the Market Capitalisation of 738.27 million has total of 117,005K Shares Outstanding. Its annual sales at the moment are 691,120 K in contrast with the sum of 71,150 K annual income. Company’s last quarter sales were recorded 160,540 K and last quarter income was 1,220 K.
