MP Materials Corporation (NYSE: MP) kicked off on Tuesday, down -1.80% from the previous trading day, before settling in for the closing price of $18.35. Over the past 52 weeks, MP has traded in a range of $10.02-$20.85.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Basic Materials sector company grew by 59.27% over the past five years. While this was happening, its average annual earnings per share was recorded -204.20%. With a float of $115.58 million, this company’s outstanding shares have now reached $178.08 million.
Let’s look at the performance matrix of the company that is accounted for 681 employees. In terms of profitability, gross margin is 37.42%, operating margin of -82.03%, and the pretax margin is -43.48%.
MP Materials Corporation (MP) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of MP Materials Corporation is 29.18%, while institutional ownership is 65.08%. The most recent insider transaction that took place on Nov 18 ’24, was worth 5,535,000. In this transaction Chairman and CEO of this company sold 300,000 shares at a rate of $18.45, taking the stock ownership to the 18,221,776 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Chief Financial Officer sold 15,195 for $18.30, making the entire transaction worth $278,068. This insider now owns 295,021 shares in total.
MP Materials Corporation (MP) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -204.20% per share during the next fiscal year.
MP Materials Corporation (NYSE: MP) Trading Performance Indicators
Take a look at MP Materials Corporation’s (MP) current performance indicators. Last quarter, stock had a quick ratio of 6.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.05 in one year’s time.
Technical Analysis of MP Materials Corporation (MP)
MP Materials Corporation (NYSE: MP) saw its 5-day average volume 2.37 million, a negative change from its year-to-date volume of 3.24 million. As of the previous 9 days, the stock’s Stochastic %D was 12.12%. Additionally, its Average True Range was 0.81.
During the past 100 days, MP Materials Corporation’s (MP) raw stochastic average was set at 75.76%, which indicates a significant increase from 12.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.98% in the past 14 days, which was lower than the 56.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.43, while its 200-day Moving Average is $15.38. Nevertheless, the first resistance level for the watch stands at $18.35 in the near term. At $18.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.02. If the price goes on to break the first support level at $17.67, it is likely to go to the next support level at $17.32. The third support level lies at $17.00 if the price breaches the second support level.
MP Materials Corporation (NYSE: MP) Key Stats
The company with the Market Capitalisation of 2.94 billion has total of 163,207K Shares Outstanding. Its annual sales at the moment are 253,450 K in contrast with the sum of 24,310 K annual income. Company’s last quarter sales were recorded 62,930 K and last quarter income was -25,520 K.
