Matterport Inc (MTTR) concluded trading on Thursday at a closing price of $4.88, with 4.03 million shares of worth about $19.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.44% during that period and on Thursday the price saw a gain of about 2.95%. Currently the company’s common shares owned by public are about 322.88M shares, out of which, 277.23M shares are available for trading.
Stock saw a price change of 1.88% in past 5 days and over the past one month there was a price change of 2.74%. Year-to-date (YTD), MTTR shares are showing a performance of 2.95% which increased to 88.42% 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 $5.00 during that period. The average intraday trading volume for Matterport Inc shares is 2.01 million. The stock is currently trading 0.94% above its 20-day simple moving average (SMA20), while that difference is up 2.52% for SMA50 and it goes to 15.94% higher than SMA200.
Matterport Inc (NASDAQ: MTTR) currently have 322.88M outstanding shares and institutions hold larger chunk of about 46.62% of that.
The stock has a current market capitalization of $1.58B and its 3Y-monthly beta is at 1.05. 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 2.44% while standing at 2.04% over the month.
Stock’s fiscal year EPS is expected to rise by 78.24% while it is estimated to increase by 89.71% 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.
