For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
MP Materials Corporation (NYSE: MP) closed the day trading at $27.23 down -1.66% from the previous closing price of $27.69. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 6.36 million shares were traded.
Ratios:
For a better understanding of MP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.58 and its Current Ratio is at 4.12. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.82.
On July 15, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $16.50.BMO Capital Markets initiated its Market Perform rating on July 15, 2024, with a $16.50 target price.
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 Apr 14 ’25 when Litinsky James H. sold 199,180 shares for $27.08 per share. The transaction valued at 5,393,794 led to the insider holds 13,643,076 shares of the business.
Litinsky James H. sold 396,293 shares of MP for $10,711,800 on Mar 25 ’25. The Chairman and CEO now owns 13,860,775 shares after completing the transaction at $27.03 per share. On Mar 26 ’25, another insider, Litinsky James H., who serves as the Chairman and CEO of the company, sold 18,519 shares for $27.00 each. As a result, the insider received 500,013 and left with 13,842,256 shares of the company.
Stock Price History:
Over the past 52 weeks, MP has reached a high of $29.72, while it has fallen to a 52-week low of $10.02. The 50-Day Moving Average of the stock is 16.63%, while the 200-Day Moving Average is calculated to be 32.62%.
Shares Statistics:
A total of 163.45M shares are outstanding, with a floating share count of 119.64M. Insiders hold about 26.81% of the company’s shares, while institutions hold 69.56% stake in the company.
