MP Materials Corporation (NYSE: MP) is -15.16% lower on its value in year-to-date trading and has touched a low of $12.68 and a high of $28.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MP stock was last observed hovering at around $17.30 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $16.84, the stock is 14.50% and 9.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.57 million and changing -2.66% at the moment leaves the stock -8.23% off its SMA200. MP registered -37.02% loss for a year compared to 6-month loss of -3.16%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 19.86% gain in the last 1 month and extending the period to 3 months gives it a -3.72%, and is 15.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.08% over the week and 5.24% over the month.
MP Materials Corporation (MP) has around 681 employees, a market worth around $3.00B and $253.44M in sales. Current P/E ratio is 140.92 and Fwd P/E is 35.55. Profit margin for the company is 9.59%. Distance from 52-week low is 32.81% and -41.34% from its 52-week high. The company has generated returns on investments over the last 12 months (1.18%).
The EPS is expected to shrink by -63.68% this year.
MP Materials Corporation (MP) Top Institutional Holders
The shares outstanding are 178.08M, and float is at 133.97M with Short Float at 21.16%.
MP Materials Corporation (MP) Insider Activity
The most recent transaction is an insider purchase by Rosenthal Michael Stuart,the company’sChief Operating Officer. SEC filings show that Rosenthal Michael Stuart bought 5,000 shares of the company’s common stock on May 31 ’23 at a price of $20.69 per share for a total of $0.1 million. Following the purchase, the insider now owns 0.13 million shares.
MP Materials Corporation disclosed in a document filed with the SEC on May 30 ’23 that Rosenthal Michael Stuart (Chief Operating Officer) bought a total of 6,000 shares of the company’s common stock. The trade occurred on May 30 ’23 and was made at $21.14 per share for $0.13 million. Following the transaction, the insider now directly holds 0.12 million shares of the MP stock.
Still, SEC filings show that on May 26 ’23, Rosenthal Michael Stuart (Chief Operating Officer) acquired 7,000 shares at an average price of $21.63 for $0.15 million. The insider now directly holds 115,622 shares of MP Materials Corporation (MP).
