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The closing price of Maravai LifeSciences Holdings Inc (NASDAQ: MRVI) was $5.62 for the day, up 6.24% from the previous closing price of $5.29. In other words, the price has increased by $6.24 from its previous closing price. On the day, 3.32 million shares were traded. MRVI stock price reached its highest trading level at $5.85 during the session, while it also had its lowest trading level at $4.96.
Ratios:
Our analysis of MRVI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.94 and its Current Ratio is at 10.74. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.59.
On August 28, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $10.Wells Fargo initiated its Overweight rating on August 28, 2024, with a $10 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 12 ’24 when DeFord John A bought 17,500 shares for $5.75 per share. The transaction valued at 100,625 led to the insider holds 70,046 shares of the business.
HULL CARL bought 175,000 shares of MRVI for $987,000 on Nov 11 ’24. The insider now owns 175,000 shares after completing the transaction at $5.64 per share. On May 28 ’24, another insider, GTCR INVESTMENT XI LLC, who serves as the Director of the company, sold 9,940,974 shares for $9.81 each. As a result, the insider received 97,570,660 and left with 20,150,005 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRVI now has a Market Capitalization of 1419207296 and an Enterprise Value of 1100333440. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.12 while its Price-to-Book (P/B) ratio in mrq is 2.31. Its current Enterprise Value per Revenue stands at 3.973 whereas that against EBITDA is 1062.098.
Stock Price History:
Over the past 52 weeks, MRVI has reached a high of $11.56, while it has fallen to a 52-week low of $4.28. The 50-Day Moving Average of the stock is -22.18%, while the 200-Day Moving Average is calculated to be -30.49%.
Shares Statistics:
MRVI traded an average of 1.78M shares per day over the past three months and 2211710 shares per day over the past ten days. A total of 132.23M shares are outstanding, with a floating share count of 117.54M. Insiders hold about 17.14% of the company’s shares, while institutions hold 89.76% stake in the company. Shares short for MRVI as of 1731628800 were 6962636 with a Short Ratio of 4.61, compared to 1728950400 on 8968088. Therefore, it implies a Short% of Shares Outstanding of 6962636 and a Short% of Float of 5.8500000000000005.
