Ecovyst Inc (NYSE: ECVT) on Monday, plunged -4.71% from the previous trading day, before settling in for the closing price of $6.79. Within the past 52 weeks, ECVT’s price has moved between $6.02 and $11.35.
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A company in the Basic Materials sector has dropped its sales by -3.83% annually for the last half of the decade. The company achieved an average annual earnings per share of 4.16%. With a float of $104.72 million, this company’s outstanding shares have now reached $116.53 million.
In an organization with 920 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 27.85%, operating margin of 14.18%, and the pretax margin is -0.73%.
Ecovyst Inc (ECVT) Insider and Institutional Ownership
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Ecovyst Inc is 10.12%, while institutional ownership is 88.88%. The most recent insider transaction that took place on Aug 07 ’24, was worth 50,739. In this transaction an insider of this company bought 7,800 shares at a rate of $6.50, taking the stock ownership to the 57,542 shares. Before that another transaction happened on Aug 05 ’24, when Company’s insider bought 4,807 for $6.26, making the entire transaction worth $30,090. This insider now owns 544,609 shares in total.
Ecovyst Inc (ECVT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.16% per share during the next fiscal year.
Ecovyst Inc (NYSE: ECVT) Trading Performance Indicators
Ecovyst Inc (ECVT) is currently performing well based on its current performance indicators. A quick ratio of 2.14 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 1.07. Likewise, its price to free cash flow for the trailing twelve months is 9.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.89 in one year’s time.
Technical Analysis of Ecovyst Inc (ECVT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.93 million. That was better than the volume of 0.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 5.98%. Additionally, its Average True Range was 0.32.
During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 14.89%, which indicates a significant increase from 0.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.79% in the past 14 days, which was higher than the 45.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.75, while its 200-day Moving Average is $7.84. However, in the short run, Ecovyst Inc’s stock first resistance to watch stands at $6.76. Second resistance stands at $7.06. The third major resistance level sits at $7.21. If the price goes on to break the first support level at $6.31, it is likely to go to the next support level at $6.16. The third support level lies at $5.86 if the price breaches the second support level.
Ecovyst Inc (NYSE: ECVT) Key Stats
Market capitalization of the company is 753.82 million based on 116,510K outstanding shares. Right now, sales total 691,120 K and income totals 71,150 K. The company made 179,180 K in profit during its latest quarter, and 14,250 K in sales during its previous quarter.
