On Monday, MP Materials Corporation (NYSE: MP) was unchanged from the session before settling in for the closing price of $11.14. A 52-week range for MP has been $10.02 – $23.39.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 59.27%. When this article was written, the company’s average yearly earnings per share was at -190.58%. With a float of $122.19 million, this company’s outstanding shares have now reached $178.08 million.
Let’s determine the extent of company efficiency that accounts for 681 employees.
MP Materials Corporation (MP) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MP Materials Corporation stocks. The insider ownership of MP Materials Corporation is 25.86%, while institutional ownership is 64.12%. The most recent insider transaction that took place on Aug 06 ’24, was worth 325,200. In this transaction Chief Operating Officer of this company bought 30,000 shares at a rate of $10.84, taking the stock ownership to the 1,402,975 shares. Before that another transaction happened on May 28 ’24, when Company’s Chief Financial Officer sold 50,000 for $16.93, making the entire transaction worth $846,500. This insider now owns 325,021 shares in total.
MP Materials Corporation (MP) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -190.58% per share during the next fiscal year.
MP Materials Corporation (NYSE: MP) Trading Performance Indicators
You can see what MP Materials Corporation (MP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 6.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of MP Materials Corporation (MP)
Looking closely at MP Materials Corporation (NYSE: MP), its last 5-days average volume was 3.46 million, which is a jump from its year-to-date volume of 3.33 million. As of the previous 9 days, the stock’s Stochastic %D was 26.58%. Additionally, its Average True Range was 0.69.
During the past 100 days, MP Materials Corporation’s (MP) raw stochastic average was set at 12.16%, which indicates a significant decrease from 25.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.39% in the past 14 days, which was higher than the 56.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.69, while its 200-day Moving Average is $15.67. However, in the short run, MP Materials Corporation’s stock first resistance to watch stands at $11.27. Second resistance stands at $11.40. The third major resistance level sits at $11.49. If the price goes on to break the first support level at $11.05, it is likely to go to the next support level at $10.96. Now, if the price goes above the second support level, the third support stands at $10.83.
MP Materials Corporation (NYSE: MP) Key Stats
There are 165,317K outstanding shares of the company, which has a market capitalization of 1.84 billion. As of now, sales total 253,450 K while income totals 24,310 K. Its latest quarter income was 31,260 K while its last quarter net income were -34,060 K.
