On Friday, MP Materials Corporation (NYSE: MP) opened higher 1.10% from the last session, before settling in for the closing price of $20.84. Price fluctuations for MP have ranged from $10.02 to $21.26 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 59.27% over the last five years. Company’s average yearly earnings per share was noted -208.62% at the time writing. With a float of $115.81 million, this company’s outstanding shares have now reached $178.08 million.
The firm has a total of 681 workers. Let’s measure their productivity. 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 Activity
A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of MP Materials Corporation is 29.04%, while institutional ownership is 65.07%. The most recent insider transaction that took place on Nov 26 ’24, was worth 6,066,000. In this transaction Chairman and CEO of this company sold 300,000 shares at a rate of $20.22, taking the stock ownership to the 18,043,076 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Chairman and CEO sold 200,000 for $20.90, making the entire transaction worth $4,180,000. This insider now owns 17,843,076 shares in total.
MP Materials Corporation (MP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -208.62% per share during the next fiscal year.
MP Materials Corporation (NYSE: MP) Trading Performance Indicators
Check out the current performance indicators for MP Materials Corporation (MP). In the past quarter, the stock posted a quick ratio of 6.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of MP Materials Corporation (MP)
Analysing the last 5-days average volume posted by the [MP Materials Corporation, MP], we can find that recorded value of 2.28 million was lower than the volume posted last year of 3.2 million. As of the previous 9 days, the stock’s Stochastic %D was 87.06%. Additionally, its Average True Range was 0.90.
During the past 100 days, MP Materials Corporation’s (MP) raw stochastic average was set at 94.61%, which indicates a significant increase from 84.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.49% in the past 14 days, which was lower than the 56.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.26, while its 200-day Moving Average is $15.51. Now, the first resistance to watch is $21.53. This is followed by the second major resistance level at $21.99. The third major resistance level sits at $22.29. If the price goes on to break the first support level at $20.78, it is likely to go to the next support level at $20.48. Should the price break the second support level, the third support level stands at $20.02.
MP Materials Corporation (NYSE: MP) Key Stats
There are currently 163,207K shares outstanding in the company with a market cap of 3.48 billion. Presently, the company’s annual sales total 253,450 K according to its annual income of 24,310 K. Last quarter, the company’s sales amounted to 62,930 K and its income totaled -25,520 K.
