MultiPlan Corporation (NYSE:MPLN) went down by -2.78% from its latest closing price compared to the recent 1-year high of $12.93. Press Release reported on 01/05/21 that MultiPlan Appoints C. Martin Harris, MD, MBA to its Board of Directors
Is It Worth Investing in MultiPlan Corporation (NYSE :MPLN) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for MultiPlan Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.50, which is $2.81 above the current price. Today, the average trading volume of MPLN was 5.04M shares.
MPLN’s Market Performance
MPLN stocks went down by 0.00% for the week, with a monthly drop of -9.21% and a quarterly performance of -7.57%. The volatility ratio for the week stands at 3.96% while the volatility levels for the past 30 days are set at 5.31% for MultiPlan Corporation. The simple moving average for the period of the last 20 days is -9.91% for MPLN stocks with a simple moving average of -20.83% for the last 200 days.
MPLN Trading at -3.99% from the 50-Day Moving Average
After a stumble in the market that brought MPLN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.53% of loss for the given period.
Volatility was left at 5.31%, however, over the last 30 days, the volatility rate increased by 3.96%, as shares sank -11.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.34% upper at present.
During the last 5 trading sessions, MPLN remain unchanged, in comparison to the 20-day moving average, which settled at $8.49. In addition, MultiPlan Corporation saw -3.75% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at MPLN starting from H&F Corporate Investors VIII, , who purchase 1,597,324 shares at the price of $8.34 back on Dec 07. After this action, H&F Corporate Investors VIII, now owns 1,712,045 shares of MultiPlan Corporation, valued at $13,329,030 using the latest closing price.
H&F Corporate Investors VIII, , the 10% Owner of MultiPlan Corporation, purchase 114,721 shares at $7.54 during a trade that took place back on Dec 04, which means that H&F Corporate Investors VIII, is holding 114,721 shares at $864,572 based on the most recent closing price.
Stock Fundamentals for MPLN
Based on MultiPlan Corporation (MPLN), the company’s capital structure generated 530.79 points at debt to equity in total, while total debt to capital is 84.15.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.