Maravai LifeSciences Holdings Inc (NASDAQ: MRVI) is 59.69% higher on its value in year-to-date trading and has touched a low of $4.52 and a high of $16.62 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 MRVI stock was last observed hovering at around $9.86 in the last trading session, with the day’s gains setting it 0.6%.
Currently trading at $10.46, the stock is 27.35% and 28.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing 6.09% at the moment leaves the stock 34.68% off its SMA200. MRVI registered -13.70% loss for a year compared to 6-month gain of 122.55%.
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The stock witnessed a 21.77% loss in the last 1 month and extending the period to 3 months gives it a 89.49%, and is 16.61% 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 6.66% over the week and 5.53% over the month.
Maravai LifeSciences Holdings Inc (MRVI) has around 650 employees, a market worth around $1.39B and $274.10M in sales. Fwd P/E is 224.61. Profit margin for the company is -47.81%. Distance from 52-week low is 131.42% and -37.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.65%).
with sales reaching $64.18M over the same period. The EPS is expected to shrink by -151.11% this year, but quarterly earnings will post -4.80% year-over-year. Quarterly sales are estimated to shrink -18.80% in year-over-year returns.
Maravai LifeSciences Holdings Inc (MRVI) Top Institutional Holders
The shares outstanding are 132.23M, and float is at 107.10M with Short Float at 6.66%.
