In the latest session, Matterport Inc (NASDAQ: MTTR) closed at $1.85 down -4.15% from its previous closing price of $1.93. On the day, 1919015 shares were traded.
Ratios:
For a deeper understanding of Matterport Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.35 and its Current Ratio is at 9.56. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on April 11, 2024, initiated with a Outperform rating and assigned the stock a target price of $3.50.
Piper Sandler Downgraded its Overweight to Neutral on October 23, 2023, whereas the target price for the stock was revised from $4 to $2.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 01 ’24 when Fay James Daniel sold 25,000 shares for $2.25 per share. The transaction valued at 56,265 led to the insider holds 1,314,918 shares of the business.
PITTMAN RAYMOND J sold 2,342 shares of MTTR for $4,577 on Mar 07 ’24. The Chief Executive Officer now owns 3,229,531 shares after completing the transaction at $1.95 per share. On Mar 07 ’24, another insider, Zinn Matthew, who serves as the Chief Legal Officer of the company, sold 1,889 shares for $1.95 each. As a result, the insider received 3,692 and left with 278,395 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.65 while its Price-to-Book (P/B) ratio in mrq is 1.08.
Stock Price History:
Over the past 52 weeks, MTTR has reached a high of $3.78, while it has fallen to a 52-week low of $1.74.
Shares Statistics:
A total of 310.06M shares are outstanding, with a floating share count of 266.42M. Insiders hold about 14.31% of the company’s shares, while institutions hold 33.60% stake in the company.
Earnings Estimates
There are MicroStrategy Incorporated different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $24.84, with high estimates of $67.60 and low estimates of $1.85.
