MP Materials Corporation (NYSE:MP) currently has a daily average trading volume of 5.73M but it saw 4953215 shares traded in last market. With a market cap of 3.28B USD, the company’s current market price of $20.08 came rising about 2.97 while comparing to the previous closing price of $19.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.72 and as low as $10.02.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which reiterated the stock as “Outperform” in its note to investors issued on September 27, 2024, recommending a price target of between $20 and $25 for it. JP Morgan issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $20 and $16.
Over the week, MP’s stock price is moving -5.82% down while it is -12.28% when we observe its performance for the past one month. Year-to-date it is 28.72% up and over the past year, the stock is showing an upside performance of 11.43%.
Currently, MP Materials Corporation’s total number of outstanding shares is 163.45M with 17.86% of that held by the insiders while 79.46% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.55% and return on equity (ROE) at -9.62%. It has a 96.58 of forward P/E ratio. Stock’s beta reads 2.15. Stock has a price to book (P/B) ratio of 3.17 while price to sale or P/S ratio amounts to 15.20. Its return on asset (ROA) is -4.43% on average.
