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After finishing at $4.81 in the prior trading day, Matterport Inc (NASDAQ: MTTR) closed at $4.59, down -4.57%. In other words, the price has decreased by -$4.57 from its previous closing price. On the day, 4.22 million shares were traded. MTTR stock price reached its highest trading level at $4.7501 during the session, while it also had its lowest trading level at $4.5.
Ratios:
Our goal is to gain a better understanding of MTTR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 2.73. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 01 ’24 when Fay James Daniel sold 25,000 shares for $4.47 per share. The transaction valued at 111,830 led to the insider holds 1,518,751 shares of the business.
Fay James Daniel bought 25,000 shares of MTTR for $111,500 on Oct 01 ’24. On Sep 04 ’24, another insider, Tulsi Japjit, who serves as the Chief Technology Officer of the company, sold 29,437 shares for $4.36 each. As a result, the insider received 128,334 and left with 556,953 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 1464811392 and an Enterprise Value of 1101494784. 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 3.55. Its current Enterprise Value per Revenue stands at 6.788 whereas that against EBITDA is -6.39.
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 1.78%, while the 200-Day Moving Average is calculated to be 27.61%.
Shares Statistics:
The stock has traded on average 1.65M shares per day over the past 3-months and 1742100 shares per day over the last 10 days, according to various share statistics. A total of 310.06M shares are outstanding, with a floating share count of 272.05M. Insiders hold about 14.75% of the company’s shares, while institutions hold 44.10% stake in the company. Shares short for MTTR as of 1727654400 were 4152605 with a Short Ratio of 2.51, compared to 1724976000 on 4595389. Therefore, it implies a Short% of Shares Outstanding of 4152605 and a Short% of Float of 1.46.
