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The price of Matterport Inc (NASDAQ: MTTR) closed at $4.52 in the last session, up 1.57% from day before closing price of $4.45. In other words, the price has increased by $1.57 from its previous closing price. On the day, 1.49 million shares were traded. MTTR stock price reached its highest trading level at $4.59 during the session, while it also had its lowest trading level at $4.42.
Ratios:
We take a closer look at MTTR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.66 and its Current Ratio is at 7.84. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 01 ’24 when Fay James Daniel sold 25,000 shares for $4.33 per share. The transaction valued at 108,128 led to the insider holds 1,425,043 shares of the business.
PITTMAN RAYMOND J sold 149,430 shares of MTTR for $650,678 on Jun 04 ’24. The Chief Executive Officer now owns 3,546,100 shares after completing the transaction at $4.35 per share. On Jun 04 ’24, another insider, Fay James Daniel, who serves as the Chief Financial Officer of the company, sold 44,125 shares for $4.35 each. As a result, the insider received 192,138 and left with 1,450,043 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, MTTR now has a Market Capitalization of 1422077952 and an Enterprise Value of 1093410176. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.03 while its Price-to-Book (P/B) ratio in mrq is 2.72. Its current Enterprise Value per Revenue stands at 6.85 whereas that against EBITDA is -5.748.
Stock Price History:
Over the past 52 weeks, MTTR has reached a high of $4.99, while it has fallen to a 52-week low of $1.73. The 50-Day Moving Average of the stock is 5.15%, while the 200-Day Moving Average is calculated to be 53.35%.
Shares Statistics:
According to the various share statistics, MTTR traded on average about 2.64M shares per day over the past 3-months and 1673450 shares per day over the past 10 days. A total of 310.06M shares are outstanding, with a floating share count of 272.10M. Insiders hold about 14.64% of the company’s shares, while institutions hold 34.06% stake in the company. Shares short for MTTR as of 1721001600 were 5031659 with a Short Ratio of 1.90, compared to 1718323200 on 5569383. Therefore, it implies a Short% of Shares Outstanding of 5031659 and a Short% of Float of 1.79.
