On Friday, Ecovyst Inc (NYSE: ECVT) opened lower -1.50% from the last session, before settling in for the closing price of $6.68. Price fluctuations for ECVT have ranged from $6.02 to $11.35 over the past 52 weeks.
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A company in the Basic Materials sector has dropped its sales by -8.47% annually for the last half of the decade. Company’s average yearly earnings per share was noted -23.20% at the time writing. With a float of $105.21 million, this company’s outstanding shares have now reached $116.12 million.
In an organization with 911 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 27.28%, operating margin of 14.18%, and the pretax margin is 8.92%.
Ecovyst Inc (ECVT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Ecovyst Inc is 9.66%, while institutional ownership is 94.13%. 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 See Remarks 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) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.19 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.21) by -0.02. 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 -23.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.28% during the next five years compared to 6.59% growth over the previous five years of trading.
Ecovyst Inc (NYSE: ECVT) Trading Performance Indicators
Check out the current performance indicators for Ecovyst Inc (ECVT). In the past quarter, the stock posted a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 9.56.
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 0.85 in one year’s time.
Technical Analysis of Ecovyst Inc (ECVT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.71 million. That was inferior than the volume of 0.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.09%. Additionally, its Average True Range was 0.21.
During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 14.38%, which indicates a significant decrease from 50.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.63% in the past 14 days, which was lower than the 50.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.70, while its 200-day Moving Average is $8.74. However, in the short run, Ecovyst Inc’s stock first resistance to watch stands at $6.68. Second resistance stands at $6.77. The third major resistance level sits at $6.83. If the price goes on to break the first support level at $6.52, it is likely to go to the next support level at $6.46. The third support level lies at $6.36 if the price breaches the second support level.
Ecovyst Inc (NYSE: ECVT) Key Stats
There are currently 117,005K shares outstanding in the company with a market cap of 766.37 million. Presently, the company’s annual sales total 691,120 K according to its annual income of 71,150 K. Last quarter, the company’s sales amounted to 182,820 K and its income totaled 8,300 K.
