Matterport Inc (NASDAQ: MTTR) on Friday, plunged -2.06% from the previous trading day, before settling in for the closing price of $4.86. Within the past 52 weeks, MTTR’s price has moved between $1.73 and $4.99.
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Annual sales at Technology sector company grew by 22.59% over the past five years. The company achieved an average annual earnings per share of 79.20%. With a float of $276.55 million, this company’s outstanding shares have now reached $310.06 million.
Let’s look at the performance matrix of the company that is accounted for 438 employees. In terms of profitability, gross margin is 47.45%, operating margin of -106.47%, and the pretax margin is -157.12%.
Matterport Inc (MTTR) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Matterport Inc is 14.35%, while institutional ownership is 46.59%. The most recent insider transaction that took place on Oct 01 ’24, was worth 111,830. In this transaction Chief Financial Officer of this company sold 25,000 shares at a rate of $4.47, taking the stock ownership to the 1,518,751 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Officer proposed sale 25,000 for $4.46, making the entire transaction worth $111,500.
Matterport Inc (MTTR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 79.20% per share during the next fiscal year.
Matterport Inc (NASDAQ: MTTR) Trading Performance Indicators
Matterport Inc (MTTR) is currently performing well based on its current performance indicators. A quick ratio of 2.72 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 9.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.02 in one year’s time.
Technical Analysis of Matterport Inc (MTTR)
Matterport Inc (NASDAQ: MTTR) saw its 5-day average volume 2.0 million, a negative change from its year-to-date volume of 2.69 million. As of the previous 9 days, the stock’s Stochastic %D was 60.68%. Additionally, its Average True Range was 0.12.
During the past 100 days, Matterport Inc’s (MTTR) raw stochastic average was set at 78.84%, which indicates a significant increase from 43.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.51% in the past 14 days, which was lower than the 30.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.68, while its 200-day Moving Average is $3.91. Nevertheless, the first resistance level for the watch stands at $4.85 in the near term. At $4.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.99. If the price goes on to break the first support level at $4.71, it is likely to go to the next support level at $4.66. Assuming the price breaks the second support level, the third support level stands at $4.57.
Matterport Inc (NASDAQ: MTTR) Key Stats
Market capitalization of the company is 1.51 billion based on 322,895K outstanding shares. Right now, sales total 157,750 K and income totals -199,080 K. The company made 43,790 K in profit during its latest quarter, and -38,400 K in sales during its previous quarter.
