Mattel, Inc. (NASDAQ:MAT) price closed lower on Tuesday, April 16, dropping -0.66% below its previous close.
A look at the daily price movement shows that the last close reads $18.09. The company’s P/E ratio in the trailing 12-month period read 29.85. Taking into account the 52-week price action we note that the stock hit a 52-week high of $22.64 and 52-week low of $16.20. The stock subtracted -6.26% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give MAT a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.71. The overview shows that MAT’s price is at present -6.90% off the SMA20 and -7.08% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 28.17, with weekly volatility standing at 2.09%. The indicator jumps to 1.86% when calculated based on the past 30 days. Mattel, Inc. (NASDAQ:MAT)’s beta value is holding at 0.99, while the average true range (ATR) indicator is currently reading 0.39.
An analysis of the Mattel, Inc. (NASDAQ:MAT) stock in terms of its daily trading volume indicates that the 3-month average is 3.07 million.
Current records show that the company has 353.23M in outstanding shares. The insiders’ percentage holdings are 0.96% of outstanding shares while the percentage share held by institutions stands at 95.88%. But the -4.82% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
