Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Ecovyst Inc (NYSE: ECVT) closed at $9.50 down -3.06% from its previous closing price of $9.80. In other words, the price has decreased by -$3.06 from its previous closing price. On the day, 1.11 million shares were traded. ECVT stock price reached its highest trading level at $9.915 during the session, while it also had its lowest trading level at $9.43.
Ratios:
For a deeper understanding of Ecovyst Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.49. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.23.
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, Citigroup on September 11, 2023, initiated with a Buy rating and assigned the stock a target price of $12.
On March 23, 2022, BWS Financial started tracking the stock assigning a Buy rating and target price of $18.
On November 29, 2021, Citigroup started tracking the stock assigning a Neutral rating and target price of $10.80.Citigroup initiated its Neutral rating on November 29, 2021, with a $10.80 target price.
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 Mar 22 ’24 when Ward Susan F sold 24,436 shares for $10.28 per share. The transaction valued at 251,307 led to the insider holds 67,587 shares of the business.
Feehan Michael bought 5,000 shares of ECVT for $48,350 on Aug 23 ’23. The insider now owns 340,940 shares after completing the transaction at $9.67 per share. On Aug 23 ’23, another insider, Bitting Kurt, who serves as the insider of the company, bought 3,100 shares for $9.64 each. As a result, the insider paid 29,891 and bolstered with 415,718 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, ECVT now has a Market Capitalization of 1146611968 and an Enterprise Value of 1887542144. As of this moment, Ecovyst’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.19, and their Forward P/E ratio for the next fiscal year is 8.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 2.732 whereas that against EBITDA is 9.752.
Stock Price History:
Over the past 52 weeks, ECVT has reached a high of $12.35, while it has fallen to a 52-week low of $8.26. The 50-Day Moving Average of the stock is -4.41%, while the 200-Day Moving Average is calculated to be -3.28%.
Shares Statistics:
For the past three months, ECVT has traded an average of 781.35K shares per day and 654960 over the past ten days. A total of 116.12M shares are outstanding, with a floating share count of 106.21M. Insiders hold about 9.21% of the company’s shares, while institutions hold 87.69% stake in the company. Shares short for ECVT as of 1713139200 were 2095584 with a Short Ratio of 2.68, compared to 1710460800 on 1788456. Therefore, it implies a Short% of Shares Outstanding of 2095584 and a Short% of Float of 1.82.
