Market Recap: Mativ Holdings Inc (MATV)’s Negative Momentum, Closing at 6.09

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The closing price of Mativ Holdings Inc (NYSE: MATV) was $6.09 for the day, down -2.56% from the previous closing price of $6.25. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 13.69 million shares were traded. MATV stock price reached its highest trading level at $6.27 during the session, while it also had its lowest trading level at $5.835.

Ratios:

Our analysis of MATV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.33.

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, Stifel on November 21, 2024, initiated with a Hold rating and assigned the stock a target price of $15.50.

On December 12, 2022, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $32.

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 15 ’24 when COOK WILLIAM M bought 2,500 shares for $12.45 per share. The transaction valued at 31,125 led to the insider holds 21,436 shares of the business.

Schertell Julie sold 12,000 shares of MATV for $213,720 on Aug 14 ’24. The President, CEO now owns 283,981 shares after completing the transaction at $17.81 per share. On Aug 14 ’24, another insider, JULIE A SCHERTELL, who serves as the Officer of the company, bought 12,000 shares for $17.81 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MATV now has a Market Capitalization of 332012192 and an Enterprise Value of 1390812288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 0.702 whereas that against EBITDA is 7.518.

Stock Price History:

The Beta on a monthly basis for MATV is 0.66, which has changed by -0.6529914 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, MATV has reached a high of $19.96, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -25.47%, while the 200-Day Moving Average is calculated to be -56.09%.

Shares Statistics:

MATV traded an average of 768.54K shares per day over the past three months and 3097900 shares per day over the past ten days. A total of 54.34M shares are outstanding, with a floating share count of 53.45M. Insiders hold about 1.95% of the company’s shares, while institutions hold 95.22% stake in the company. Shares short for MATV as of 1740700800 were 2952199 with a Short Ratio of 3.84, compared to 1738281600 on 1337286. Therefore, it implies a Short% of Shares Outstanding of 2952199 and a Short% of Float of 7.6799995999999995.

Dividends & Splits

With its trailing 12-month dividend rate of 0.4, MATV has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.064The stock’s 5-year Average Dividend Yield is 5.83.

Most Popular