MediaAlpha Inc (NYSE:MAX) shares, rose in value on Friday, March 28, with the stock price down by -7.97% to the previous day’s close as strong demand from buyers drove the stock to $9.35.
Actively observing the price movement in the last trading, the stock closed the session at $10.16, falling within a range of $9.33 and $10.14. The value of beta (5-year monthly) was 1.16 whereas the PE ratio was 31.01 over 12-month period. Referring to stock’s 52-week performance, its high was $25.78, and the low was $8.21. On the whole, MAX has fluctuated by -0.21% over the past month.
With the market capitalization of MediaAlpha Inc currently standing at about $626.97 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-23.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.07B, with a low estimate of 234.91M and a high estimate of 237.54M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 236.07M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MAX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.58, with the price of MAX currently trading nearly 0.10% and -11.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.67, while the 7-day volatility ratio is showing 4.81% which for the 30-day chart, stands at 5.13%. Furthermore, MediaAlpha Inc (MAX)’s beta value is 1.08, and its average true range (ATR) is 0.53.
A comparison of MediaAlpha Inc (MAX) with its peers suggests the former has fared considerably weaker in the market. MAX showed an intraday change of -7.97% in last session, and over the past year, it shrunk by -52.92%%.
Data on historical trading for MediaAlpha Inc (NYSE:MAX) indicates that the trading volumes over the past 10 days have averaged 0.58 and over the past 3 months, they’ve averaged 528.99K. According to company’s latest data on outstanding shares, there are 55.50 million shares outstanding.
Nearly 45.28% of MediaAlpha Inc’s shares belong to company insiders and institutional investors own 54.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.57 million shares as on 2025-03-14, resulting in a short ratio of 2.24. According to the data, the short interest in MediaAlpha Inc (MAX) stood at 661.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.86 million. The stock has fallen by -17.18% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MAX stock heading into the next quarter.
