Should You Sell MediaAlpha Inc (MAX) And Go Away This Year?

MediaAlpha Inc (NYSE:MAX) currently has a daily average trading volume of 527.32K but it saw 287097 shares traded in last market. With a market cap of 705.73M USD, the company’s current market price of $10.46 came falling about -3.33 while comparing to the previous closing price of $10.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.91 and as low as $7.33.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which initiated the stock as “Buy” in its note to investors issued on August 20, 2024, recommending a price target of $20 for it. TD Cowen downgraded its recommendation for the stock as a “Hold” from “Buy” on June 26, 2024 while assigning a price target range of $19-$13. BMO Capital Markets issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $9 and $28.

Over the week, MAX’s stock price is moving -5.60% down while it is 1.26% when we observe its performance for the past one month. Year-to-date it is -7.35% down and over the past year, the stock is showing a downside performance of -37.21%.

Currently, MediaAlpha Inc’s total number of outstanding shares is 55.90M. Company’s return on investment (ROI) stands at 9.91%. It has a price to earnings ratio (P/E ratio) of 36.14 while having a 11.68 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 73.83 while price to sale or P/S ratio amounts to 0.70. Its return on asset (ROA) is 8.04% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.