The stock of Matterport Inc (MTTR) has seen a 4.49% increase in the past week, with a 6.30% gain in the past month, and a 10.14% flourish in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.52% for MTTR. The simple moving average for the last 20 days is 3.57% for MTTR stock, with a simple moving average of 25.99% for the last 200 days.
Is It Worth Investing in Matterport Inc (NASDAQ: MTTR) Right Now?
The stock has a 36-month beta value of 1.08. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for MTTR is 276.55M, and at present, short sellers hold a 1.25% of that float. On November 27, 2024, the average trading volume of MTTR was 1.78M shares.
MTTR) stock’s latest price update
Matterport Inc (NASDAQ: MTTR) has seen a rise in its stock price by 0.20 in relation to its previous close of 4.88. However, the company has experienced a 4.49% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-12 that Matterport, Inc. (MTTR) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.04 per share a year ago.
Analysts’ Opinion of MTTR
Many brokerage firms have already submitted their reports for MTTR stocks, with Northland Capital repeating the rating for MTTR by listing it as a “Outperform.” The predicted price for MTTR in the upcoming period, according to Northland Capital is $3.50 based on the research report published on April 11, 2024 of the current year 2024.
Piper Sandler gave a rating of “Neutral” to MTTR, setting the target price at $2 in the report published on October 23rd of the previous year.
MTTR Trading at 4.70% 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 -2.00% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares surge +7.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.30% upper at present.
During the last 5 trading sessions, MTTR rose by +4.49%, which changed the moving average for the period of 200-days by +97.98% in comparison to the 20-day moving average, which settled at $4.72. In addition, Matterport Inc saw 81.78% 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 MTTR starting from Fay James Daniel, who sale 25,000 shares at the price of $4.47 back on Oct 01 ’24. After this action, Fay James Daniel now owns 1,518,751 shares of Matterport Inc, valued at $111,830 using the latest closing price.
Fay James Daniel, the Officer of Matterport Inc, proposed sale 25,000 shares at $4.46 during a trade that took place back on Oct 01 ’24, which means that Fay James Daniel is holding shares at $111,500 based on the most recent closing price.
Stock Fundamentals for MTTR
Current profitability levels for the company are sitting at:
- -1.06 for the present operating margin
- 0.47 for the gross margin
The net margin for Matterport Inc stands at -1.57. The total capital return value is set at -0.43. Equity return is now at value -54.93, with -45.54 for asset returns.
Currently, EBITDA for the company is -179.46 million with net debt to EBITDA at 0.4. When we switch over and look at the enterprise to sales, we see a ratio of 9.16. The receivables turnover for the company is 11.09for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.78.
Conclusion
To sum up, Matterport Inc (MTTR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
