Minerals Technologies, Inc (NYSE:MTX) shares, rose in value on Friday, June 20, with the stock price down by -0.95% to the previous day’s close as strong demand from buyers drove the stock to $53.29.
Actively observing the price movement in the last trading, the stock closed the session at $53.80. Referring to stock’s 52-week performance, its high was $90.29, and the low was $49.54. On the whole, MTX has fluctuated by -10.69% over the past month.
With the market capitalization of Minerals Technologies, Inc currently standing at about $1.69 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-24. The company’s Forward Dividend Ratio is 0.43, with its dividend yield at 0.81%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MTX’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 price of MTX currently trading nearly -6.48% and -5.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.91, while the 7-day volatility ratio is showing 0.91% which for the 30-day chart, stands at 2.02%. Furthermore, Minerals Technologies, Inc (MTX)’s beta value is 1.22, and its average true range (ATR) is 1.61.
A comparison of Minerals Technologies, Inc (MTX) with its peers suggests the former has fared considerably weaker in the market. MTX showed an intraday change of -0.95% in last session, and over the past year, it shrunk by -36.85%%.
Data on historical trading for Minerals Technologies, Inc (NYSE:MTX) indicates that the trading volumes over the past 3 months, they’ve averaged 265.74K. According to company’s latest data on outstanding shares, there are 31.73 million shares outstanding.
Nearly 1.31% of Minerals Technologies, Inc’s shares belong to company insiders and institutional investors own 98.17% of the company’s shares. The stock has fallen by -30.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MTX stock heading into the next quarter.
