The stock of MasterBrand Inc. (MBC) has gone down by -11.15% for the week, with a -18.41% drop in the past month and a -2.47% drop in the past quarter. The volatility ratio for the week is 4.77%, and the volatility levels for the past 30 days are 3.96% for MBC. The simple moving average for the last 20 days is -13.42% for MBC stock, with a simple moving average of -6.51% for the last 200 days.
Is It Worth Investing in MasterBrand Inc. (NYSE: MBC) Right Now?
The price-to-earnings ratio for MasterBrand Inc. (NYSE: MBC) is above average at 6.83x,
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The public float for MBC is 127.39M, and currently, short sellers hold a 3.52% ratio of that floaft. The average trading volume of MBC on March 16, 2023 was 3.03M shares.
MBC) stock’s latest price update
MasterBrand Inc. (NYSE: MBC)’s stock price has decreased by -3.72 compared to its previous closing price of 8.61. Nevertheless, the company has seen a loss of -11.15% in its stock price over the last five trading days.
The stock of MasterBrand Inc. (MBC) has gone down by -11.15% for the week, with a -18.41% drop in the past month and a -2.47% drop in the past quarter. The volatility ratio for the week is 4.77%, and the volatility levels for the past 30 days are 3.96% for MBC. The simple moving average for the last 20 days is -13.42% for MBC stock, with a simple moving average of -6.51% for the last 200 days.
MBC Trading at -8.33% from the 50-Day Moving Average
After a stumble in the market that brought MBC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.73% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 4.77%, as shares sank -14.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.80% upper at present.
During the last 5 trading sessions, MBC fell by -11.15%, in comparison to the 20-day moving average, which settled at $9.50. In addition, MasterBrand Inc. saw 9.80% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MBC starting from GOLDMAN SACHS GROUP INC, who purchase 1,481 shares at the price of $8.51 back on Jan 23. After this action, GOLDMAN SACHS GROUP INC now owns 15,779,507 shares of MasterBrand Inc., valued at $12,608 using the latest closing price.
GOLDMAN SACHS GROUP INC, the 10% Owner of MasterBrand Inc., sale 1,362 shares at $8.59 during a trade that took place back on Jan 23, which means that GOLDMAN SACHS GROUP INC is holding 15,778,583 shares at $11,703 based on the most recent closing price.
Conclusion
In a nutshell, MasterBrand Inc. (MBC) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
