Ecovyst Inc (ECVT) is ready for next Episode as it posted an annual sales of 691,120 K

Ecovyst Inc (NYSE: ECVT) kicked off on Monday, up 3.09% from the previous trading day, before settling in for the closing price of $6.15. Over the past 52 weeks, ECVT has traded in a range of $6.02-$11.35.

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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. While this was happening, its average annual earnings per share was recorded -23.20%. 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 Updates

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 9.66%, while institutional ownership is 94.07%. 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) Performance Highlights and Predictions

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

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 0.17 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 1.03 million. That was better than the volume of 0.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.13%. Additionally, its Average True Range was 0.21.

During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 8.21%, which indicates a significant decrease from 34.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.19% in the past 14 days, which was lower than the 50.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.64, while its 200-day Moving Average is $8.65. However, in the short run, Ecovyst Inc’s stock first resistance to watch stands at $6.43. Second resistance stands at $6.52. The third major resistance level sits at $6.63. If the price goes on to break the first support level at $6.23, it is likely to go to the next support level at $6.12. Assuming the price breaks the second support level, the third support level stands at $6.03.

Ecovyst Inc (NYSE: ECVT) Key Stats

The company with the Market Capitalisation of 738.42 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 182,820 K and last quarter income was 8,300 K.