Matterport Inc (NASDAQ: MTTR) is 64.68% higher on its value in year-to-date trading and has touched a low of $1.73 and a high of $4.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MTTR stock was last observed hovering at around $4.49 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $4.43, the stock is 26.34% and 71.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing -1.34% at the moment leaves the stock 77.32% off its SMA200. MTTR registered 69.73% gain for a year compared to 6-month loss of 108.96%.
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The stock witnessed a 120.40% gain in the last 1 month and extending the period to 3 months gives it a 90.95%, and is -1.77% down 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 2.68% over the week and 6.17% over the month.
Matterport Inc (MTTR) has around 438 employees, a market worth around $1.39B and $159.63M in sales. Profit margin for the company is -113.62%. Distance from 52-week low is 156.07% and -11.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.25%).
The EPS is expected to grow by 57.30% this year
The shares outstanding are 310.06M, and float is at 268.59M with Short Float at 3.35%.
Matterport Inc (MTTR) Insider Activity
The most recent transaction is an insider sale by Fay James Daniel, the company’s Chief Financial Officer. SEC filings show that Fay James Daniel sold 25,000 shares of the company’s common stock on May 01 ’24 at a price of $4.60 per share for a total of $0.11 million. Following the sale, the insider now owns 1.51 million shares.
Matterport Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Fay James Daniel (Chief Financial Officer) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $2.25 per share for $56265.0. Following the transaction, the insider now directly holds 1.31 million shares of the MTTR stock.
Still, SEC filings show that on Mar 07 ’24, PITTMAN RAYMOND J (Chief Executive Officer) disposed off 2,342 shares at an average price of $1.95 for $4577.0. The insider now directly holds 3,229,531 shares of Matterport Inc (MTTR).
