On Tuesday, Myers Industries Inc (NYSE: MYE) was -2.73% drop from the session before settling in for the closing price of $11.71. A 52-week range for MYE has been $11.66 – $23.63.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 9.54%. When this article was written, the company’s average yearly earnings per share was at -31.65%. With a float of $36.59 million, this company’s outstanding shares have now reached $36.85 million.
Let’s determine the extent of company efficiency that accounts for 2500 employees. In terms of profitability, gross margin is 31.91%, operating margin of 6.35%, and the pretax margin is 2.9%.
Myers Industries Inc (MYE) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Myers Industries Inc stocks. The insider ownership of Myers Industries Inc is 1.70%, while institutional ownership is 91.97%.
Myers Industries Inc (MYE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -31.65% per share during the next fiscal year.
Myers Industries Inc (NYSE: MYE) Trading Performance Indicators
You can see what Myers Industries Inc (MYE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 9.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.42, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 1.17 in one year’s time.
Technical Analysis of Myers Industries Inc (MYE)
Looking closely at Myers Industries Inc (NYSE: MYE), its last 5-days average volume was 0.33 million, which is a jump from its year-to-date volume of 0.25 million. As of the previous 9 days, the stock’s Stochastic %D was 14.48%. Additionally, its Average True Range was 0.44.
During the past 100 days, Myers Industries Inc’s (MYE) raw stochastic average was set at 9.37%, which indicates a significant decrease from 24.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.86% in the past 14 days, which was lower than the 35.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.33, while its 200-day Moving Average is $16.60. However, in the short run, Myers Industries Inc’s stock first resistance to watch stands at $11.88. Second resistance stands at $12.38. The third major resistance level sits at $12.93. If the price goes on to break the first support level at $10.83, it is likely to go to the next support level at $10.28. Now, if the price goes above the second support level, the third support stands at $9.78.
Myers Industries Inc (NYSE: MYE) Key Stats
There are 37,222K outstanding shares of the company, which has a market capitalization of 423.96 million. As of now, sales total 813,070 K while income totals 48,870 K. Its latest quarter income was 220,240 K while its last quarter net income were 10,280 K.
