MP Materials Corporation (MP) concluded trading on Wednesday at a closing price of $25.66, with 4.98 million shares of worth about $127.74 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 98.91% during that period and on March 05, 2025 the price saw a gain of about 14.30%. Currently the company’s common shares owned by public are about 163.20M shares, out of which, 117.60M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Stock saw a price change of 7.95% in past 5 days and over the past one month there was a price change of 15.43%. Year-to-date (YTD), MP shares are showing a performance of 64.49% which increased to 65.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.02 but also hit the highest price of $26.00 during that period. The average intraday trading volume for MP Materials Corporation shares is 3.09 million. The stock is currently trading 7.43% above its 20-day simple moving average (SMA20), while that difference is up 20.79% for SMA50 and it goes to 49.03% higher than SMA200.
MP Materials Corporation (NYSE: MP) currently have 163.20M outstanding shares and institutions hold larger chunk of about 66.47% of that.
The stock has a current market capitalization of $4.19B and its 3Y-monthly beta is at 2.32. It has posted earnings per share of -$0.58 in the same period. It has Quick Ratio of 5.63 while making debt-to-equity ratio of 0.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MP, volatility over the week remained 7.88% while standing at 5.79% over the month.
Stock’s fiscal year EPS is expected to rise by 49.79% while it is estimated to increase by 416.77% 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 Robert W. Baird on September 27, 2024 offering an Outperform rating for the stock and assigned a target price range of between $20 and $25 to it. Coverage by BMO Capital Markets stated MP Materials Corporation (MP) stock as a Market perform in their note to investors on July 15, 2024, suggesting a price target of $16.50 for the stock. On April 23, 2024, JP Morgan Downgrade their recommendations, while on March 13, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $15.50. Stock get an Outperform rating from Northland Capital on September 06, 2023.
