A new trading day began on Friday, with MP Materials Corporation (NYSE: MP) stock price up 0.75% from the previous day of trading, before settling in for the closing price of $21.41. MP’s price has ranged from $10.02 to $24.01 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 59.27%. Meanwhile, its annual earnings per share averaged -211.49%. With a float of $117.04 million, this company’s outstanding shares have now reached $163.19 million.
The extent of productivity of a business whose workforce counts for 681 workers is very important to gauge. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of MP Materials Corporation is 28.29%, while institutional ownership is 64.29%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -211.49% per share during the next fiscal year.
MP Materials Corporation (NYSE: MP) Trading Performance Indicators
Here are MP Materials Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of MP Materials Corporation (MP)
The latest stats from [MP Materials Corporation, MP] show that its last 5-days average volume of 2.5 million was inferior to 3.18 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 78.60%. Additionally, its Average True Range was 1.09.
During the past 100 days, MP Materials Corporation’s (MP) raw stochastic average was set at 79.00%, which indicates a significant decrease from 90.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.45% in the past 14 days, which was higher than the 60.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.21, while its 200-day Moving Average is $16.28. Now, the first resistance to watch is $21.98. This is followed by the second major resistance level at $22.38. The third major resistance level sits at $22.65. If the price goes on to break the first support level at $21.31, it is likely to go to the next support level at $21.04. Assuming the price breaks the second support level, the third support level stands at $20.64.
MP Materials Corporation (NYSE: MP) Key Stats
With a market capitalization of 3.52 billion, the company has a total of 163,207K Shares Outstanding. Currently, annual sales are 253,450 K while annual income is 24,310 K. The company’s previous quarter sales were 62,930 K while its latest quarter income was -25,520 K.
