Ecovyst Inc (NYSE: ECVT) is -10.99% 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 $6.59 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $6.80, the stock is -12.61% and -11.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing 3.19% at the moment leaves the stock -12.97% off its SMA200. ECVT registered -25.44% loss for a year compared to 6-month gain of -5.29%.
The stock witnessed a -11.69% loss in the last 1 month and extending the period to 3 months gives it a -14.47%, and is -16.05% 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 7.22% over the week and 3.73% over the month.
Ecovyst Inc (ECVT) has around 920 employees, a market worth around $798.10M and $704.53M in sales. Fwd P/E is 7.64. Profit margin for the company is -0.96%. Distance from 52-week low is 12.95% and -40.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.43%).
The EPS is expected to grow by 4.16% this year
The shares outstanding are 116.53M, and float is at 105.50M with Short Float at 2.57%.
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 8.6385 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
A total of 0 insider transactions have happened at Ecovyst Inc (ECVT) in the last six months, with sales accounting for 0 and purchases happening 0 times. 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).
Ecovyst Inc (ECVT): Who are the competitors?
One of the company’s main competitors (and peers) include Ingevity Corp. (NGVT) that is trading 1.16% up over the past 12 months.Millennium Cell Inc. (MCELQ) lies in the list of competitors of the Ecovyst Inc and is 0.00% lower over the same period from ECVTNL Industries Inc. (NL) is 26.04% up on the 1-year trading charts.
