MP Materials Corporation (NYSE: MP) on Friday, soared 4.86% from the previous trading day, before settling in for the closing price of $18.73. Within the past 52 weeks, MP’s price has moved between $10.02 and $20.85.
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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 59.27%. The company achieved an average annual earnings per share of -204.20%. With a float of $115.81 million, this company’s outstanding shares have now reached $178.08 million.
Considering the fact that the conglomerate employs 681 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of MP Materials Corporation is 29.04%, while institutional ownership is 65.09%. 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) Recent Fiscal highlights
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
MP Materials Corporation (MP) is currently performing well based on its current performance indicators. A quick ratio of 6.13 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 18.26.
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)
Compared to the last year’s volume of 3.22 million, its volume of 1.74 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 43.16%. Additionally, its Average True Range was 0.86.
During the past 100 days, MP Materials Corporation’s (MP) raw stochastic average was set at 91.10%, which indicates a significant increase from 67.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.81% in the past 14 days, which was lower than the 55.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.73, while its 200-day Moving Average is $15.42. Nevertheless, the first resistance level for the watch stands at $20.16 in the near term. At $20.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.50. If the price goes on to break the first support level at $18.82, it is likely to go to the next support level at $18.01. Now, if the price goes above the second support level, the third support stands at $17.48.
MP Materials Corporation (NYSE: MP) Key Stats
Market capitalization of the company is 3.36 billion based on 163,207K outstanding shares. Right now, sales total 253,450 K and income totals 24,310 K. The company made 62,930 K in profit during its latest quarter, and -25,520 K in sales during its previous quarter.
