Matterport Inc (MTTR) concluded trading on Thursday at a closing price of $4.86, with 2.35 million shares of worth about $11.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.29% during that period and on November 28, 2024 the price saw a loss of about -0.61%. Currently the company’s common shares owned by public are about 310.06M shares, out of which, 276.55M shares are available for trading.
Stock saw a price change of 3.40% in past 5 days and over the past one month there was a price change of 6.81%. Year-to-date (YTD), MTTR shares are showing a performance of 80.67% which increased to 90.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.73 but also hit the highest price of $4.99 during that period. The average intraday trading volume for Matterport Inc shares is 1.79 million. The stock is currently trading 2.61% above its 20-day simple moving average (SMA20), while that difference is up 3.91% for SMA50 and it goes to 24.80% higher than SMA200.
Matterport Inc (NASDAQ: MTTR) currently have 310.06M outstanding shares and institutions hold larger chunk of about 46.59% of that.
The stock has a current market capitalization of $1.56B and its 3Y-monthly beta is at 1.08. It has posted earnings per share of -$0.82 in the same period. It has Quick Ratio of 2.72 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MTTR, volatility over the week remained 2.55% while standing at 2.53% over the month.
Stock’s fiscal year EPS is expected to rise by 79.20% while it is estimated to increase by 144.03% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on April 11, 2024 offering an Outperform rating for the stock and assigned a target price of $3.50 to it. On October 23, 2023, Piper Sandler Downgrade their recommendations, while on January 23, 2023, Deutsche Bank Downgrade their ratings for the stock with a price target of $3. Stock get a Peer perform rating from Wolfe Research on August 17, 2022.
