Ecovyst Inc (NYSE: ECVT) is -21.90% lower on its value in year-to-date trading and has touched a low of $6.02 and a high of $11.35 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 ECVT stock was last observed hovering at around $7.62 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $7.63, the stock is 16.11% and 14.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 0.13% at the moment leaves the stock -11.28% off its SMA200. ECVT registered -15.03% loss for a year compared to 6-month loss of -19.68%. The firm has a 50-day simple moving average (SMA 50) of $6.639 and a 200-day simple moving average (SMA200) of $8.60645.
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The stock witnessed a 14.56% gain in the last 1 month and extending the period to 3 months gives it a 22.67%, and is 20.35% 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 7.05% over the week and 4.08% over the month.
Ecovyst Inc (ECVT) has around 911 employees, a market worth around $1.02B and $695.33M in sales. Current P/E ratio is 16.64 and Fwd P/E is 9.15. Profit margin for the company is 7.73%. Distance from 52-week low is 26.74% and -32.78% from its 52-week high. The company has generated returns on investments over the last 12 months (3.36%).
The EPS is expected to shrink by -26.58% this year.
Ecovyst Inc (ECVT) Top Institutional Holders
217.0 institutions hold shares in Ecovyst Inc (ECVT), with institutional investors hold 108.30% of the company’s shares. The shares outstanding are 116.12M, and float is at 105.21M with Short Float at 2.64%. Institutions hold 98.25% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.67 million shares valued at $95.75 million. The investor’s holdings represent 9.1274% of the ECVT Shares outstanding. As of 2024-06-30, the second largest holder is HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with 10.1 million shares valued at $90.59 million to account for 8.6353 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.64 million shares representing 8.243% and valued at over $86.48 million, while DIMENSIONAL FUND ADVISORS LP holds 5.3105 of the shares totaling 6.21 million with a market value of $55.71 million.
Ecovyst Inc (ECVT) Insider Activity
The most recent transaction is an insider purchase by Whittleston Paul. SEC filings show that Whittleston Paul bought 7,800 shares of the company’s common stock on Aug 07 ’24 at a price of $6.50 per share for a total of $50739.0. Following the purchase, the insider now owns 57542.0 shares.
Ecovyst Inc disclosed in a document filed with the SEC on Aug 05 ’24 that Koscinski Joseph S.bought a total of 4,807 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $6.26 per share for $30090.0. Following the transaction, the insider now directly holds 0.54 million shares of the ECVT stock.
Still, SEC filings show that on Aug 05 ’24, Feehan Michael () acquired 16,000 shares at an average price of $6.28 for $0.1 million. The insider now directly holds 364,799 shares of Ecovyst Inc (ECVT).
