On Monday, MP Materials Corporation (NYSE: MP) was -6.16% drop from the session before settling in for the closing price of $24.01. A 52-week range for MP has been $10.02 – $26.00.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Basic Materials sector has jumped its sales by 56.92% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 50.62%. With a float of $117.43 million, this company’s outstanding shares have now reached $163.20 million.
In an organization with 804 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 43.81%, operating margin of -37.01%, and the pretax margin is -45.79%.
MP Materials Corporation (MP) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MP Materials Corporation stocks. The insider ownership of MP Materials Corporation is 28.05%, while institutional ownership is 66.53%. The most recent insider transaction that took place on Feb 04 ’25, was worth 9,273,214. In this transaction Chairman and CEO of this company sold 386,223 shares at a rate of $24.01, taking the stock ownership to the 15,643,076 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Chairman and CEO sold 1,579,110 for $23.39, making the entire transaction worth $36,934,246. This insider now owns 16,029,299 shares in total.
MP Materials Corporation (MP) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 50.62% per share during the next fiscal year.
MP Materials Corporation (NYSE: MP) Trading Performance Indicators
You can see what MP Materials Corporation (MP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.70 in one year’s time.
Technical Analysis of MP Materials Corporation (MP)
Let’s dig in a bit further. During the last 5-days, its volume was 2.99 million. That was inferior than the volume of 3.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.60%. Additionally, its Average True Range was 1.31.
During the past 100 days, MP Materials Corporation’s (MP) raw stochastic average was set at 66.76%, which indicates a significant increase from 9.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.73% in the past 14 days, which was lower than the 59.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.98, while its 200-day Moving Average is $17.16. However, in the short run, MP Materials Corporation’s stock first resistance to watch stands at $24.02. Second resistance stands at $25.52. The third major resistance level sits at $26.40. If the price goes on to break the first support level at $21.64, it is likely to go to the next support level at $20.76. The third support level lies at $19.26 if the price breaches the second support level.
MP Materials Corporation (NYSE: MP) Key Stats
There are 163,207K outstanding shares of the company, which has a market capitalization of 3.68 billion. As of now, sales total 203,860 K while income totals -65,420 K. Its latest quarter income was 60,990 K while its last quarter net income were -22,340 K.
