Ecovyst Inc (ECVT) is expecting 46.94% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Ecovyst Inc (NYSE: ECVT) opened lower -1.48% from the last session, before settling in for the closing price of $8.77. Price fluctuations for ECVT have ranged from $5.24 to $9.91 over the past 52 weeks.

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Company’s average yearly earnings per share was noted 8.45% at the time writing. With a float of $114.65 million, this company’s outstanding shares have now reached $117.39 million.

Considering the fact that the conglomerate employs 920 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 26.22%, operating margin of 11.93%, and the pretax margin is -1.65%.

Ecovyst Inc (ECVT) Insider Activity

A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Ecovyst Inc is 2.35%, while institutional ownership is 91.18%. 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) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.45% per share during the next fiscal year.

Ecovyst Inc (NYSE: ECVT) Trading Performance Indicators

Check out the current performance indicators for Ecovyst Inc (ECVT). In the past quarter, the stock posted a quick ratio of 2.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 21.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.92 in one year’s time.

Technical Analysis of Ecovyst Inc (ECVT)

Compared to the last year’s volume of 1.14 million, its volume of 1.42 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.32%.

During the past 100 days, Ecovyst Inc’s (ECVT) raw stochastic average was set at 93.02%, which indicates a significant increase from 83.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.32 in the past 14 days, which was higher than the 0.28 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.83, while its 200-day Moving Average is $7.32. Nevertheless, the first resistance level for the watch stands at $8.79 in the near term. At $8.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.02. If the price goes on to break the first support level at $8.56, it is likely to go to the next support level at $8.48. Should the price break the second support level, the third support level stands at $8.33.

Ecovyst Inc (NYSE: ECVT) Key Stats

There are currently 117,401K shares outstanding in the company with a market cap of 1.01 billion. Presently, the company’s annual sales total 704,490 K according to its annual income of -6,650 K. Last quarter, the company’s sales amounted to 162,200 K and its income totaled -3,600 K.

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