In the past week, MTTR stock has gone up by 3.92%, with a monthly gain of 3.05% and a quarterly surge of 5.71%. The volatility ratio for the week is 2.25%, and the volatility levels for the last 30 days are 2.11% for Matterport Inc The simple moving average for the last 20 days is 1.19% for MTTR stock, with a simple moving average of 15.31% for the last 200 days.
Is It Worth Investing in Matterport Inc (NASDAQ: MTTR) Right Now?
Additionally, the 36-month beta value for MTTR is 1.06. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for MTTR is 277.23M and currently, short sellers hold a 1.25% ratio of that float. The average trading volume of MTTR on January 07, 2025 was 2.05M shares.
MTTR) stock’s latest price update
The stock of Matterport Inc (NASDAQ: MTTR) has increased by 0.10 when compared to last closing price of 4.90. Despite this, the company has experienced a 3.92% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-30 that Travel, hospitality, and entertainment top Matterport’s most viewed spaces of 2024—explore more at Discover
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 previous 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 2.79% 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 -1.90% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 2.25%. Over the last 50 days, in opposition, the stock is trading +4.93% upper at present.
During the last 5 trading sessions, MTTR rose by +3.82%, which changed the moving average for the period of 200-days by +159.27% in comparison to the 20-day moving average, which settled at $4.85. In addition, Matterport Inc saw 3.48% 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 Presunka Peter, who sale 13,000 shares at the price of $4.73 back on Dec 02 ’24. After this action, Presunka Peter now owns 133,502 shares of Matterport Inc, valued at $61,552 using the latest closing price.
Zinn Matthew, the Chief Legal Officer of Matterport Inc, sale 84,441 shares at $4.73 during a trade that took place back on Dec 02 ’24, which means that Zinn Matthew is holding 505,882 shares at $399,811 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 9.21. 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
In conclusion, Matterport Inc (MTTR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
