Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Matterport Inc’s current trading price is -10.72% away from its 52-week high, while its distance from the 52-week low is 157.51%. The stock’s price range during this period has varied between $1.73 and $4.99. The company, active in the Technology sector, saw a trading volume of around 1.15 million for the day, considerably lower average daily volume of 4.76 million observed over the last three months.
Matterport Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $4.99 on 04/22/24, while the lowest price during the same period was $1.73 on 04/19/24.
How Financial Performance Impacts Market Capitalization
Matterport Inc (MTTR) has experienced a quarterly rise of 90.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.40B and boasts a workforce of 438 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.54, with a change in price of +1.80. Similarly, Matterport Inc recorded 3,706,403 in trading volume during the last 100 days, posting a change of +67.23%.
How MTTR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for MTTR stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
MTTR Stock Stochastic Average
As of today, the raw stochastic average of Matterport Inc over the last 50 days is at 83.90%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 83.90%. Further, the company’s Stochastic %K and %D values for the last 20 days were 83.79% and 84.41%, respectively.
MTTR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 65.61%. However, over the past six months, we’ve seen a weaker performance of 66.85%. The price of MTTR fallen by 134.47% over the last 30 days. And in the last five days, it has fallen by -1.22%.
