A new trading day began on Friday, with Mativ Holdings Inc (NYSE: MATV) stock price up 3.69% from the previous day of trading, before settling in for the closing price of $12.72. MATV’s price has ranged from $10.78 to $19.96 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 14.96%. Meanwhile, its annual earnings per share averaged -26.67%. With a float of $53.02 million, this company’s outstanding shares have now reached $54.21 million.
Considering the fact that the conglomerate employs 5400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 18.86%, operating margin of 1.4%, and the pretax margin is -4.06%.
Mativ Holdings Inc (MATV) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Mativ Holdings Inc is 2.43%, while institutional ownership is 93.71%. The most recent insider transaction that took place on Nov 15 ’24, was worth 31,125. In this transaction Director of this company bought 2,500 shares at a rate of $12.45, taking the stock ownership to the 21,436 shares. Before that another transaction happened on Aug 14 ’24, when Company’s President, CEO sold 12,000 for $17.81, making the entire transaction worth $213,720. This insider now owns 283,981 shares in total.
Mativ Holdings Inc (MATV) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -26.67% per share during the next fiscal year.
Mativ Holdings Inc (NYSE: MATV) Trading Performance Indicators
Here are Mativ Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38. Likewise, its price to free cash flow for the trailing twelve months is 9.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.97, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 1.04 in one year’s time.
Technical Analysis of Mativ Holdings Inc (MATV)
Compared to the last year’s volume of 0.4 million, its volume of 0.47 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.53%. Additionally, its Average True Range was 0.73.
During the past 100 days, Mativ Holdings Inc’s (MATV) raw stochastic average was set at 16.52%, which indicates a significant decrease from 23.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 112.21% in the past 14 days, which was higher than the 70.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.73, while its 200-day Moving Average is $16.97. Nevertheless, the first resistance level for the watch stands at $13.44 in the near term. At $13.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.12. If the price goes on to break the first support level at $12.76, it is likely to go to the next support level at $12.34. Should the price break the second support level, the third support level stands at $12.08.
Mativ Holdings Inc (NYSE: MATV) Key Stats
With a market capitalization of 743.17 million, the company has a total of 54,336K Shares Outstanding. Currently, annual sales are 2,026 M while annual income is -309,500 K. The company’s previous quarter sales were 498,500 K while its latest quarter income was -20,800 K.
