The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 576.87%. However, over the last six months, the performance has been weaker by 208.25%. The price of MP increased 64.32% over the last 30 days. And in the last five days, it has surged by 16.69%.
MP Materials Corporation (MP) stock is currently valued at $74.32. During the last session, the stock experienced a remarkable rise, reaching $80.0 after opening at $74.32. The stock briefly dropped to $30.0 before ultimately closing at $71.07.
MP Materials Corporation saw a rather consistency, in terms of market performance.
52-week price history of MP Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. MP Materials Corporation’s current trading price is 2.72% away from its 52-week high, while its distance from the 52-week low is 595.88%. The stock’s price range during this period has varied between$10.68 and $72.35. The MP Materials Corporation’s shares, which operate in the Basic Materials, saw a trading volume of around 24.29 million for the day, a figure considerably higher than their average daily volume of 14.87 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
MP Materials Corporation (MP) has experienced a quarterly rise of 211.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.16B and boasts a workforce of 804 employees.
MP Materials Corporation: Analysts’ Ratings Unveiled
As of right now, 6 analysts are rating MP Materials Corporation as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 33.72, with a change in price of +47.63. Similarly, MP Materials Corporation recorded 12,005,987 in trading volume during the last 100 days, posting a change of +178.46%.
MP’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MP stands at 0.91. Similarly, the long-term debt-to-equity ratio is also 0.84.
MP Stock Stochastic Average
MP Materials Corporation’s raw stochastic average for the past 50 days is presently 91.57%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 85.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.39% and 92.63%, respectively.