For the readers interested in the stock health of MP Materials Corp. (MP). It is currently valued at $35.23. When the transactions were called off in the previous session, Stock hit the highs of $34.90, after setting-off with the price of $34.40. Company’s stock value dipped to $33.87 during the trading on the day. When the trading was stopped its value was $34.31.Recently in News on July 22, 2021, MP Materials Announces Timing of Second Quarter 2021 Financial Results and Webcast. MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, will release its financial results for the second quarter ended June 30, 2021, after the U.S. markets close on Thursday, August 5, 2021. You can read further details here
MP Materials Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $51.77 on 03/02/21, with the lowest value was $23.18 for the same time period, recorded on 05/13/21.
MP Materials Corp. (MP) full year performance was 130.58%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, MP Materials Corp. shares are logging -31.95% during the 52-week period from high price, and 226.20% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $10.80 and $51.77.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 612155 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the MP Materials Corp. (MP) recorded performance in the market was 6.65%, having the revenues showcasing 20.43% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 6.10B, as it employees total of 277 workers.
Specialists analysis on MP Materials Corp. (MP)
During the last month, 4 analysts gave the MP Materials Corp. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 33.66, with a change in the price was noted -14.57. In a similar fashion, MP Materials Corp. posted a movement of -29.47% for the period of last 100 days, recording 4,516,551 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MP is recording 0.84 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.79.
Trends and Technical analysis: MP Materials Corp. (MP)
Raw Stochastic average of MP Materials Corp. in the period of last 50 days is set at 74.00%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 50.74%. In the last 20 days, the company’s Stochastic %K was 47.85% and its Stochastic %D was recorded 42.25%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 6.65%. Additionally, trading for the stock in the period of the last six months notably improved by 1.33%, alongside a boost of 130.58% for the period of the last 12 months. The shares increased approximately by -0.44% in the 7-day charts and went down by 6.49% in the period of the last 30 days. Common stock shares were driven by 20.43% during last recorded quarter.