A new trading day began on Tuesday, with Ecovyst Inc (NYSE: ECVT) stock price down -4.60% from the previous day of trading, before settling in for the closing price of $7.18. ECVT’s price has ranged from $6.02 to $11.35 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Basic Materials sector was -8.47%. Meanwhile, its annual earnings per share averaged -22.38%. With a float of $105.26 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. In terms of profitability, gross margin is 27.28%, operating margin of 14.18%, and the pretax margin is 8.92%.
Ecovyst Inc (ECVT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Ecovyst Inc is 9.62%, while institutional ownership is 96.81%. The most recent insider transaction that took place on Aug 07 ’24, was worth 50,739. In this transaction an insider of this company bought 7,800 shares at a rate of $6.50, taking the stock ownership to the 57,542 shares. Before that another transaction happened on Aug 05 ’24, when Company’s insider bought 4,807 for $6.26, making the entire transaction worth $30,090. This insider now owns 544,609 shares in total.
Ecovyst Inc (ECVT) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.19 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -22.38% 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
Here are Ecovyst Inc’s current performance indicators. According to the last quarter’s results, the 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 1.16. Likewise, its price to free cash flow for the trailing twelve months is 9.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.48, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.87 in one year’s time.
Technical Analysis of Ecovyst Inc (ECVT)
Compared to the last year’s volume of 0.86 million, its volume of 0.93 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.97%. Additionally, its Average True Range was 0.27.
During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 17.91%, which indicates a significant decrease from 37.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.44% in the past 14 days, which was lower than the 50.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.12, while its 200-day Moving Average is $9.25. Nevertheless, the first resistance level for the watch stands at $7.03 in the near term. At $7.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.30. If the price goes on to break the first support level at $6.76, it is likely to go to the next support level at $6.66. Now, if the price goes above the second support level, the third support stands at $6.49.
Ecovyst Inc (NYSE: ECVT) Key Stats
With a market capitalization of 797.82 million, the company has a total of 117,005K Shares Outstanding. Currently, annual sales are 691,120 K while annual income is 71,150 K. The company’s previous quarter sales were 182,820 K while its latest quarter income was 8,300 K.
