Ecovyst Inc (NYSE: ECVT) on Tuesday, soared 1.97% from the previous trading day, before settling in for the closing price of $7.63. Within the past 52 weeks, ECVT’s price has moved between $6.02 and $11.35.
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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%. The company achieved an average annual earnings per share of -26.64%. With a float of $105.21 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 27.27%, operating margin of 14.01%, and the pretax margin is 8.02%.
Ecovyst Inc (ECVT) Insider Activity
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Ecovyst Inc is 9.66%, while institutional ownership is 94.41%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -26.64% 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
Ecovyst Inc (ECVT) is currently performing well based on its current performance indicators. A quick ratio of 2.06 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30. Likewise, its price to free cash flow for the trailing twelve months is 8.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.46, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 0.83 in one year’s time.
Technical Analysis of Ecovyst Inc (ECVT)
Compared to the last year’s volume of 0.88 million, its volume of 1.8 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 93.82%. Additionally, its Average True Range was 0.29.
During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 45.18%, which indicates a significant decrease from 96.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.89% in the past 14 days, which was higher than the 55.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.67, while its 200-day Moving Average is $8.59. Nevertheless, the first resistance level for the watch stands at $7.87 in the near term. At $7.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.11. If the price goes on to break the first support level at $7.62, it is likely to go to the next support level at $7.46. Should the price break the second support level, the third support level stands at $7.38.
Ecovyst Inc (NYSE: ECVT) Key Stats
Market capitalization of the company is 906.45 million based on 116,466K outstanding shares. Right now, sales total 691,120 K and income totals 71,150 K. The company made 179,200 K in profit during its latest quarter, and 14,300 K in sales during its previous quarter.
