Currently, there are 116.51M common shares owned by the public and among those 105.29M shares have been available to trade.
The company’s stock has a 5-day price change of 5.07% and 19.76% over the past three months. ECVT shares are trading 3.14% year to date (YTD), with the 12-month market performance down to -11.66% lower. It has a 12-month low price of $6.02 and touched a high of $11.35 over the same period. ECVT has an average intraday trading volume of 902.65K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.86%, 0.48%, and -3.43% respectively.
Institutional ownership of Ecovyst Inc (NYSE: ECVT) shares accounts for 92.00% of the company’s 116.51M shares outstanding.
It has a market capitalization of $918.10M and a beta (3y monthly) value of 1.05. The stock’s trailing 12-month PE ratio is 17.19, while the earnings-per-share (ttm) stands at $0.46. The company has a PEG of 1.70 and a Quick Ratio of 2.06 with the debt-to-equity ratio at 1.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.09% over the week and 3.32% over the month.
Earnings per share for the fiscal year are expected to decrease by -26.83%, and 50.06% over the next financial year. EPS should grow at an annualized rate of 10.10% over the next five years, compared to 6.59% over the past 5-year period.
Looking at the support for the ECVT, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on September 11, 2023, with the firm’s price target at $12. BWS Financial coverage for the Ecovyst Inc (ECVT) stock in a research note released on March 23, 2022 offered a Buy rating with a price target of $18. Citigroup was of a view on November 29, 2021 that the stock is Neutral, while BMO Capital Markets gave the stock Outperform rating on August 16, 2021, issuing a price target of $17.
