MediaAlpha Inc (NYSE: MAX) on Friday, plunged -7.97% from the previous trading day, before settling in for the closing price of $10.16. Within the past 52 weeks, MAX’s price has moved between $8.21 and $25.78.
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
It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 26.43%. The company achieved an average annual earnings per share of 119.83%. With a float of $30.34 million, this company’s outstanding shares have now reached $55.50 million.
The extent of productivity of a business whose workforce counts for 144 workers is very important to gauge. In terms of profitability, gross margin is 16.23%, operating margin of 5.08%, and the pretax margin is 2.72%.
MediaAlpha Inc (MAX) Insider Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of MediaAlpha Inc is 45.28%, while institutional ownership is 54.55%. The most recent insider transaction that took place on Oct 30 ’24, was worth 1,487,959. In this transaction an insider of this company sold 72,000 shares at a rate of $20.67, taking the stock ownership to the 1,550,990 shares. Before that another transaction happened on Oct 30 ’24, when Company’s insider sold 72,000 for $20.66, making the entire transaction worth $1,487,750. This insider now owns 2,312,162 shares in total.
MediaAlpha Inc (MAX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 119.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 53.44% during the next five years compared to -10.21% drop over the previous five years of trading.
MediaAlpha Inc (NYSE: MAX) Trading Performance Indicators
MediaAlpha Inc (MAX) is currently performing well based on its current performance indicators. A quick ratio of 1.43 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 0.73. Likewise, its price to free cash flow for the trailing twelve months is 13.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.84 in one year’s time.
Technical Analysis of MediaAlpha Inc (MAX)
The latest stats from [MediaAlpha Inc, MAX] show that its last 5-days average volume of 0.58 million was superior to 0.52 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 55.48%. Additionally, its Average True Range was 0.53.
During the past 100 days, MediaAlpha Inc’s (MAX) raw stochastic average was set at 12.32%, which indicates a significant decrease from 51.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.55% in the past 14 days, which was lower than the 80.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.60, while its 200-day Moving Average is $13.88. Now, the first resistance to watch is $9.88. This is followed by the second major resistance level at $10.42. The third major resistance level sits at $10.69. If the price goes on to break the first support level at $9.07, it is likely to go to the next support level at $8.80. Assuming the price breaks the second support level, the third support level stands at $8.26.
MediaAlpha Inc (NYSE: MAX) Key Stats
Market capitalization of the company is 626.97 million based on 67,030K outstanding shares. Right now, sales total 864,700 K and income totals 16,630 K. The company made 300,650 K in profit during its latest quarter, and 4,640 K in sales during its previous quarter.
