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The closing price of Matterport Inc (NASDAQ: MTTR) was $4.54 for the day, up 0.67% from the previous closing price of $4.51. In other words, the price has increased by $0.67 from its previous closing price. On the day, 3.07 million shares were traded. MTTR stock price reached its highest trading level at $4.645 during the session, while it also had its lowest trading level at $4.51.
Ratios:
Our analysis of MTTR’s different ratios will help us gain a deeper understanding of the company. 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:
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 May 01 ’24 when Fay James Daniel sold 25,000 shares for $4.60 per share. The transaction valued at 114,920 led to the insider holds 1,507,482 shares of the business.
Fay James Daniel sold 25,000 shares of MTTR for $56,265 on Apr 01 ’24. The Chief Financial Officer now owns 1,314,918 shares after completing the transaction at $2.25 per share. On Mar 07 ’24, another insider, PITTMAN RAYMOND J, who serves as the Chief Executive Officer of the company, sold 2,342 shares for $1.95 each. As a result, the insider received 4,577 and left with 3,229,531 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 1427879936 and an Enterprise Value of 1024835264. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.05 while its Price-to-Book (P/B) ratio in mrq is 2.66. Its current Enterprise Value per Revenue stands at 6.497 whereas that against EBITDA is -4.941.
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 85.50%, while the 200-Day Moving Average is calculated to be 82.99%.
Shares Statistics:
MTTR traded an average of 4.69M shares per day over the past three months and 14273950 shares per day over the past ten days. A total of 310.06M shares are outstanding, with a floating share count of 268.59M. Insiders hold about 14.61% of the company’s shares, while institutions hold 32.21% stake in the company. Shares short for MTTR as of 1713139200 were 8984853 with a Short Ratio of 1.92, compared to 1710460800 on 7158787. Therefore, it implies a Short% of Shares Outstanding of 8984853 and a Short% of Float of 3.2.
