MP Materials Corporation (NYSE:MP) shares, rose in value on Wednesday, March 26, with the stock price down by -3.23% to the previous day’s close as strong demand from buyers drove the stock to $26.06.
Actively observing the price movement in the last trading, the stock closed the session at $26.93, falling within a range of $25.71 and $27.0505. The value of beta (5-year monthly) was 2.321. Referring to stock’s 52-week performance, its high was $27.29, and the low was $10.02. On the whole, MP has fluctuated by 10.61% over the past month.
With the market capitalization of MP Materials Corporation currently standing at about $4.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 331.73M, with a low estimate of 59M and a high estimate of 75M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 64.74M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MP’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of MP currently trading nearly 3.54% and 10.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.59, while the 7-day volatility ratio is showing 4.10% which for the 30-day chart, stands at 5.87%. Furthermore, MP Materials Corporation (MP)’s beta value is 2.26, and its average true range (ATR) is 1.32.
A comparison of MP Materials Corporation (MP) with its peers suggests the former has fared considerably weaker in the market. MP showed an intraday change of -3.23% in last session, and over the past year, it grew by 90.78%%.
Data on historical trading for MP Materials Corporation (NYSE:MP) indicates that the trading volumes over the past 10 days have averaged 3.45 and over the past 3 months, they’ve averaged 3.25 million. According to company’s latest data on outstanding shares, there are 163.20 million shares outstanding.
Nearly 27.15% of MP Materials Corporation’s shares belong to company insiders and institutional investors own 66.44% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.8 million shares as on 2025-03-14, resulting in a short ratio of 6.64. According to the data, the short interest in MP Materials Corporation (MP) stood at 1458.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 20.86 million. The stock has risen by 67.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MP stock heading into the next quarter.
