Ecovyst Inc (NYSE: ECVT) has a higher price-to-earnings ratio of 17.08x compared to its average ratio, The 36-month beta value for ECVT is at 1.06. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ECVT is 115.25M, and currently, shorts hold a 1.82% of that float. The average trading volume for ECVT on May 02, 2024 was 758.82K shares.
ECVT) stock’s latest price update
The stock of Ecovyst Inc (NYSE: ECVT) has increased by 8.31 when compared to last closing price of 9.51.Despite this, the company has seen a gain of 4.04% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-25 that Ecovyst (ECVT) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ECVT’s Market Performance
ECVT’s stock has risen by 4.04% in the past week, with a monthly drop of -6.70% and a quarterly rise of 11.11%. The volatility ratio for the week is 2.47% while the volatility levels for the last 30 days are 2.57% for Ecovyst Inc The simple moving average for the last 20 days is 1.72% for ECVT’s stock, with a simple moving average of 4.64% for the last 200 days.
Analysts’ Opinion of ECVT
Many brokerage firms have already submitted their reports for ECVT stocks, with Citigroup repeating the rating for ECVT by listing it as a “Buy.” The predicted price for ECVT in the upcoming period, according to Citigroup is $12 based on the research report published on September 11, 2023 of the previous year 2023.
BWS Financial, on the other hand, stated in their research note that they expect to see ECVT reach a price target of $18. The rating they have provided for ECVT stocks is “Buy” according to the report published on March 23rd, 2022.
Citigroup gave a rating of “Neutral” to ECVT, setting the target price at $10.80 in the report published on November 29th of the previous year.
ECVT Trading at 3.72% from the 50-Day Moving Average
After a stumble in the market that brought ECVT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.60% of loss for the given period.
Volatility was left at 2.57%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares sank -4.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.26% upper at present.
During the last 5 trading sessions, ECVT rose by +3.13%, which changed the moving average for the period of 200-days by -14.49% in comparison to the 20-day moving average, which settled at $10.10. In addition, Ecovyst Inc saw 5.42% 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 ECVT starting from Ward Susan F, who sale 24,436 shares at the price of $10.28 back on Mar 22 ’24. After this action, Ward Susan F now owns 67,587 shares of Ecovyst Inc, valued at $251,307 using the latest closing price.
Feehan Michael purchase 5,000 shares at $9.67 during a trade that took place back on Aug 23 ’23, which means that Feehan Michael is holding 340,940 shares at $48,350 based on the most recent closing price.
Stock Fundamentals for ECVT
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.29 for the gross margin
The net margin for Ecovyst Inc stands at 0.11. The total capital return value is set at 0.06. Equity return is now at value 10.08, with 3.83 for asset returns.
Based on Ecovyst Inc (ECVT), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is 1.92.
Currently, EBITDA for the company is 190.99 million with net debt to EBITDA at 4.35. When we switch over and look at the enterprise to sales, we see a ratio of 2.87. The receivables turnover for the company is 8.81for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.07.
Conclusion
In conclusion, Ecovyst Inc (ECVT) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
