On Monday, MP Materials Corporation (NYSE: MP) opened higher 4.06% from the last session, before settling in for the closing price of $19.72. Price fluctuations for MP have ranged from $10.02 to $24.01 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 59.27%. Company’s average yearly earnings per share was noted -210.96% at the time writing. With a float of $117.99 million, this company’s outstanding shares have now reached $163.19 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
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 27.71%, while institutional ownership is 64.97%. The most recent insider transaction that took place on Dec 03 ’24, was worth 36,934,246. In this transaction Chairman and CEO of this company sold 1,579,110 shares at a rate of $23.39, taking the stock ownership to the 16,029,299 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Chairman and CEO sold 234,667 for $20.68, making the entire transaction worth $4,852,914. This insider now owns 17,608,409 shares in total.
MP Materials Corporation (MP) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -210.96% 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 18.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of MP Materials Corporation (MP)
Looking closely at MP Materials Corporation (NYSE: MP), its last 5-days average volume was 5.59 million, which is a jump from its year-to-date volume of 3.25 million. As of the previous 9 days, the stock’s Stochastic %D was 17.65%. Additionally, its Average True Range was 1.19.
During the past 100 days, MP Materials Corporation’s (MP) raw stochastic average was set at 75.05%, which indicates a significant increase from 45.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.45% in the past 14 days, which was higher than the 60.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.86, while its 200-day Moving Average is $15.65. However, in the short run, MP Materials Corporation’s stock first resistance to watch stands at $21.05. Second resistance stands at $21.58. The third major resistance level sits at $22.03. If the price goes on to break the first support level at $20.07, it is likely to go to the next support level at $19.62. Now, if the price goes above the second support level, the third support stands at $19.09.
MP Materials Corporation (NYSE: MP) Key Stats
There are currently 163,207K shares outstanding in the company with a market cap of 3.35 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.
