Market Watch: Ecovyst Inc (ECVT)’s Noteworthy Gain, Closing at 6.84

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As of close of business last night, Ecovyst Inc’s stock clocked out at $6.84, up 0.15% from its previous closing price of $6.83. In other words, the price has increased by $0.15 from its previous closing price. On the day, 2.08 million shares were traded. ECVT stock price reached its highest trading level at $6.935 during the session, while it also had its lowest trading level at $6.79.

Ratios:

To gain a deeper understanding of ECVT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.94. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.22.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 07 ’24 when Whittleston Paul bought 7,800 shares for $6.50 per share. The transaction valued at 50,739 led to the insider holds 57,542 shares of the business.

Koscinski Joseph S. bought 4,807 shares of ECVT for $30,090 on Aug 05 ’24. The insider now owns 544,609 shares after completing the transaction at $6.26 per share. On Aug 05 ’24, another insider, Feehan Michael, who serves as the insider of the company, bought 16,000 shares for $6.28 each. As a result, the insider paid 100,542 and bolstered with 364,799 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 796627456 and an Enterprise Value of 1588008064. As of this moment, Ecovyst’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.31, and their Forward P/E ratio for the next fiscal year is 7.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 2.303 whereas that against EBITDA is 8.505.

Stock Price History:

Over the past 52 weeks, ECVT has reached a high of $11.35, while it has fallen to a 52-week low of $6.02. The 50-Day Moving Average of the stock is -20.65%, while the 200-Day Moving Average is calculated to be -26.99%.

Shares Statistics:

It appears that ECVT traded 995.12K shares on average per day over the past three months and 1575300 shares per day over the past ten days. A total of 116.12M shares are outstanding, with a floating share count of 105.14M. Insiders hold about 9.72% of the company’s shares, while institutions hold 96.31% stake in the company. Shares short for ECVT as of 1722384000 were 2094005 with a Short Ratio of 2.10, compared to 1719532800 on 1439368. Therefore, it implies a Short% of Shares Outstanding of 2094005 and a Short% of Float of 1.83.

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