Maravai LifeSciences Holdings Inc (NASDAQ: MRVI) is -12.98% lower on its value in year-to-date trading and has touched a low of $4.68 and a high of $11.56 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 MRVI stock was last observed hovering at around $5.78 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $5.70, the stock is -22.71% and -28.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.57 million and changing -1.38% at the moment leaves the stock -29.71% off its SMA200. MRVI registered 11.11% gain for a year compared to 6-month loss of -46.73%. The firm has a 50-day simple moving average (SMA 50) of $8.0341 and a 200-day simple moving average (SMA200) of $8.1127.
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The stock witnessed a -30.99% gain in the last 1 month and extending the period to 3 months gives it a -30.66%, and is -27.39% 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 7.65% over the week and 6.19% over the month.
Maravai LifeSciences Holdings Inc (MRVI) has around 650 employees, a market worth around $1.44B and $276.92M in sales. Profit margin for the company is -81.13%. Distance from 52-week low is 21.66% and -50.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.80%).
with sales reaching $56.6M over the same period.The EPS is expected to shrink by -367.29% this year, but quarterly earnings will post -9.80% year-over-year. Quarterly sales are estimated to shrink -23.70% in year-over-year returns.
Maravai LifeSciences Holdings Inc (MRVI) Top Institutional Holders
302.0 institutions hold shares in Maravai LifeSciences Holdings Inc (MRVI), with institutional investors hold 107.43% of the company’s shares. The shares outstanding are 132.23M, and float is at 116.75M with Short Float at 7.04%. Institutions hold 105.97% of the Float.
The top institutional shareholder in the company is GTCR LLC with over 20.15 million shares valued at $144.27 million. The investor’s holdings represent 15.2267% of the MRVI Shares outstanding. As of 2024-06-30, the second largest holder is 12 WEST CAPITAL MANAGEMENT LP with 13.21 million shares valued at $94.59 million to account for 9.9833 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 10.75 million shares representing 8.1224% and valued at over $76.96 million, while BLACKROCK INC. holds 7.3519 of the shares totaling 9.73 million with a market value of $69.66 million.
Maravai LifeSciences Holdings Inc (MRVI) Insider Activity
The most recent transaction is an insider purchase by HULL CARL. SEC filings show that HULL CARL bought 175,000 shares of the company’s common stock on Nov 11 ’24 at a price of $5.64 per share for a total of $0.99 million. Following the purchase, the insider now owns 0.17 million shares.
Maravai LifeSciences Holdings Inc disclosed in a document filed with the SEC on May 28 ’24 that GTCR INVESTMENT XI LLC (Director) sold a total of 9,940,974 shares of the company’s common stock. The trade occurred on May 28 ’24 and was made at $9.81 per share for $97.57 million. Following the transaction, the insider now directly holds 20.15 million shares of the MRVI stock.
