The stock of Matterport Inc. (MTTR) has gone down by -4.72% for the week, with a 14.02% rise in the past month and a -11.38% drop in the past quarter. The volatility ratio for the week is 4.99%, and the volatility levels for the past 30 days are 5.54% for MTTR. The simple moving average for the last 20 days is 3.26% for MTTR stock, with a simple moving average of -17.67% for the last 200 days.
Is It Worth Investing in Matterport Inc. (NASDAQ: MTTR) Right Now?
The average price estimated by analysts for MTTR is $4.60, which is $1.88 above than the current price. The public float for MTTR is 276.08M, and at present, short sellers hold a 5.79% of that float. The average trading volume of MTTR on May 25, 2023 was 2.59M shares.
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MTTR) stock’s latest price update
Matterport Inc. (NASDAQ: MTTR)’s stock price has decreased by -2.33 compared to its previous closing price of 2.79. However, the company has seen a -4.72% decrease in its stock price over the last five trading sessions. Barron’s reported on 08/11/22 that Matterport Stock Jumps on Better Outlook, Hope for Relief on Parts Shortages
MTTR Trading at 2.76% from the 50-Day Moving Average
After a stumble in the market that brought MTTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.40% of loss for the given period.
Volatility was left at 5.54%, however, over the last 30 days, the volatility rate increased by 4.99%, as shares surge +15.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.61% upper at present.
During the last 5 trading sessions, MTTR fell by -4.20%, which changed the moving average for the period of 200-days by -42.19% in comparison to the 20-day moving average, which settled at $2.66. In addition, Matterport Inc. saw -2.68% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MTTR starting from Tulsi Japjit, who sale 175,000 shares at the price of $2.80 back on May 17. After this action, Tulsi Japjit now owns 176,906 shares of Matterport Inc., valued at $490,490 using the latest closing price.
Tulsi Japjit, the Chief Technology Officer of Matterport Inc., sale 175,000 shares at $2.64 during a trade that took place back on Mar 14, which means that Tulsi Japjit is holding 243,123 shares at $461,352 based on the most recent closing price.
Stock Fundamentals for MTTR
Current profitability levels for the company are sitting at:
- -200.40 for the present operating margin
- +38.09 for the gross margin
The net margin for Matterport Inc. stands at -81.79. The total capital return value is set at -63.82, while invested capital returns managed to touch -26.09. Equity return is now at value -39.70, with -36.30 for asset returns.
Based on Matterport Inc. (MTTR), the company’s capital structure generated 0.47 points at debt to equity in total, while total debt to capital is 0.47. Total debt to assets is 0.43, with long-term debt to equity ratio resting at 0.25. Finally, the long-term debt to capital ratio is 0.25.
When we switch over and look at the enterprise to sales, we see a ratio of 2.44, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 8.58 and the total asset turnover is 0.20. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.57.
Conclusion
In summary, Matterport Inc. (MTTR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
