A share price of Matterport Inc [MTTR] is currently trading at $4.49, up 2.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MTTR shares have lost -1.32% over the last week, with a monthly amount glided 11.41%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Matterport Inc [NASDAQ: MTTR] stock has seen the most recent analyst activity on April 11, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $3.50. On October 23, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $2 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $3 on January 23, 2023. Wolfe Research initiated its recommendation with a Peer Perform. Wedbush downgraded its rating to Neutral for this stock on May 03, 2022, and downed its price target to $6. In a note dated April 19, 2022, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $9 on this stock.
Matterport Inc experienced fluctuations in its stock price throughout the past year between $1.73 and $4.99. Currently, Wall Street analysts expect the stock to reach $6.67 within the next 12 months. Matterport Inc [NASDAQ: MTTR] shares were valued at $4.49 at the most recent close of the market. An investor can expect a potential return of 48.55% based on the average MTTR price forecast.
Analyzing the MTTR fundamentals
Trailing Twelve Months sales for Matterport Inc [NASDAQ:MTTR] were 159.63M which represents 4.94% growth. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -1.24%, Pretax Profit Margin comes in at -1.13%, and Net Profit Margin reading is -1.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -0.34 and Total Capital is -0.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.36 points at the first support level, and at 4.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.59, and for the 2nd resistance point, it is at 4.68.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Matterport Inc [NASDAQ:MTTR] is 7.84. As well, the Quick Ratio is 7.66, while the Cash Ratio is 1.71. Considering the valuation of this stock, the price to sales ratio is 8.97, the price to book ratio is 2.70.
Transactions by insiders
Recent insider trading involved Fay James Daniel, Chief Financial Officer, that happened on Jul 01 ’24 when 25000.0 shares were sold. Chief Executive Officer, PITTMAN RAYMOND J completed a deal on Jun 04 ’24 to sell 0.15 million shares. Meanwhile, Chief Financial Officer Fay James Daniel sold 44125.0 shares on Jun 04 ’24.
