Let’s look at the key reasons that are pushing Mativ Holdings Inc (MATV) to new highs

On Tuesday, Mativ Holdings Inc (NYSE: MATV) was 1.75% up from the session before settling in for the closing price of $6.27. A 52-week range for MATV has been $4.34 – $19.96.

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Basic Materials Sector giant saw their annual sales surged by 14.88% over the last five years. When this article was written, the company’s average yearly earnings per share was at -0.81%. With a float of $53.36 million, this company’s outstanding shares have now reached $54.57 million.

The firm has a total of 5100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 17.94%, operating margin of -20.28%, and the pretax margin is -25.37%.

Mativ Holdings Inc (MATV) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mativ Holdings Inc stocks. The insider ownership of Mativ Holdings Inc is 2.32%, while institutional ownership is 77.46%. The most recent insider transaction that took place on Nov 15 ’24, was worth 31,125. In this transaction Director of this company bought 2,500 shares at a rate of $12.45, taking the stock ownership to the 21,436 shares. Before that another transaction happened on Aug 14 ’24, when Company’s President, CEO sold 12,000 for $17.81, making the entire transaction worth $213,720. This insider now owns 283,981 shares in total.

Mativ Holdings Inc (MATV) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -0.81% per share during the next fiscal year.

Mativ Holdings Inc (NYSE: MATV) Trading Performance Indicators

You can see what Mativ Holdings Inc (MATV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18. Likewise, its price to free cash flow for the trailing twelve months is 10.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.20, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.93 in one year’s time.

Technical Analysis of Mativ Holdings Inc (MATV)

Analysing the last 5-days average volume posted by the [Mativ Holdings Inc, MATV], we can find that recorded value of 0.65 million was lower than the volume posted last year of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 91.64%. Additionally, its Average True Range was 0.38.

During the past 100 days, Mativ Holdings Inc’s (MATV) raw stochastic average was set at 25.78%, which indicates a significant decrease from 92.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.24% in the past 14 days, which was lower than the 77.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.70, while its 200-day Moving Average is $11.81. Now, the first resistance to watch is $6.48. This is followed by the second major resistance level at $6.59. The third major resistance level sits at $6.70. If the price goes on to break the first support level at $6.26, it is likely to go to the next support level at $6.15. Now, if the price goes above the second support level, the third support stands at $6.04.

Mativ Holdings Inc (NYSE: MATV) Key Stats

There are 54,518K outstanding shares of the company, which has a market capitalization of 348.56 million. As of now, sales total 1,981 M while income totals -48,700 K. Its latest quarter income was 484,800 K while its last quarter net income were -425,500 K.