Mister Car Wash Inc. (NYSE:MCW) went up by 1.13% from its latest closing price compared to the recent 1-year high of $19.82. The company’s stock price has collected -13.92% of loss in the last five trading sessions.
Is It Worth Investing in Mister Car Wash Inc. (NYSE :MCW) Right Now?
Mister Car Wash Inc. (NYSE:MCW) scored a price-to-earnings ratio above its average ratio, recording 21.26 x from its present earnings ratio.
MCW currently public float of 300.42M and currently shorts hold a 4.28% ratio of that float. Today, the average trading volume of MCW was 1.51M shares.
MCW’s Market Performance
MCW stocks went down by -13.92% for the week, with a monthly drop of -11.80% and a quarterly performance of -24.30%, while its annual performance rate touched -49.29%. The volatility ratio for the week stands at 6.66% while the volatility levels for the past 30 days are set at 4.56% for Mister Car Wash Inc. The simple moving average for the period of the last 20 days is -11.41% for MCW stocks with a simple moving average of -35.89% for the last 200 days.
Analysts’ Opinion of MCW
Many brokerage firms have already submitted their reports for MCW stocks, with Morgan Stanley repeating the rating for MCW by listing it as a “Equal-Weight.” The predicted price for MCW in the upcoming period, according to Morgan Stanley is $11 based on the research report published on August 12th of the current year 2022.
Goldman, on the other hand, stated in their research note that they expect to see MCW reach a price target of $10, previously predicting the price at $12. The rating they have provided for MCW stocks is “Sell” according to the report published on June 27th, 2022.
MCW Trading at -18.04% from the 50-Day Moving Average
After a stumble in the market that brought MCW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.74% of loss for the given period.
Volatility was left at 4.56%, however, over the last 30 days, the volatility rate increased by 6.66%, as shares sank -14.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.98% lower at present.
During the last 5 trading sessions, MCW fell by -13.92%, which changed the moving average for the period of 200-days by -45.90% in comparison to the 20-day moving average, which settled at $10.05. In addition, Mister Car Wash Inc. saw -50.74% 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 MCW starting from Lindsay Casey Penn, who sale 1,597 shares at the price of $11.47 back on Jun 28. After this action, Lindsay Casey Penn now owns 18,403 shares of Mister Car Wash Inc., valued at $18,318 using the latest closing price.
Lai John Lo-minn, the Chief Executive Officer of Mister Car Wash Inc., sale 34,215 shares at $11.47 during a trade that took place back on Jun 28, which means that Lai John Lo-minn is holding 2,838,168 shares at $392,446 based on the most recent closing price.
Stock Fundamentals for MCW
Equity return is now at value 19.90, with 5.60 for asset returns.