Matterport Inc (MTTR) concluded trading on Wednesday at a closing price of $5.05, with 6.66 million shares of worth about $33.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.99% during that period and on January 15, 2025 the price saw a gain of about 4.55%. 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 3.27% in past 5 days and over the past one month there was a price change of 2.02%. Year-to-date (YTD), MTTR shares are showing a performance of 6.54% which increased to 116.74% 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 2.40 million. The stock is currently trading 4.28% above its 20-day simple moving average (SMA20), while that difference is up 5.11% for SMA50 and it goes to 16.68% higher than SMA200.
Matterport Inc (NASDAQ: MTTR) currently have 322.88M outstanding shares and institutions hold larger chunk of about 46.65% of that.
The stock has a current market capitalization of $1.63B 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 2.71% while standing at 2.23% over the month.
Analysts are in expectations that Matterport Inc (MTTR) stock would likely to be making an EPS of -0.01 in the current quarter, while forecast for next quarter EPS is -0.01 and it is -0.02 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.02 which is -0.01 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.04 in the same quarter a year ago. 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.
