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What Did We Discover About Insider Trading At MasterBrand Inc. (NYSE: MBC)?

MasterBrand Inc. (NYSE:MBC) traded at $8.54 at close of the session on Monday, 01/23/23, made an upward move of 2.64% on its previous day’s price.

Looking at the stock we see that its previous close was $8.32 with the day’s price range being $8.221 – $8.70. The company has a trailing 12-month PE ratio of 6.24. In terms of its 52-week price range, MBC has a high of $15.00 and a low of $7.17. The company’s stock has gained about 13.87% over that past 30 days.

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MasterBrand Inc. has a market cap of $1.05 billion.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term.

Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the MasterBrand Inc. (MBC) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 9.32% off its SMA20 and 5.83% from its 50-day simple moving average. The RSI (14) is pointing at 48.26 while the volatility over the past week is 5.03% and jumps to 5.69% over the past one month. The average price target for the stock over the next 12 months is $9.00, with the estimates having a low of $9.00 and a high of $9.00. These price ends are -5.39% and -5.39% off the current price level respectively, although investors could be excited at the prospect of a -5.39% if the MBC share price touches on the median price of $9.00.

Coming back to MasterBrand Inc. (NYSE:MBC), we note that the average 3-month trading volume was 4.73 million, while that of the preceding 10-day period stands at 2.3 million. Current shares outstanding are 128.24 million.

The insiders hold 0.66% of the company’s shares while institutions hold 20.96%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 13.11% up in year-to-date price movement.

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