MediaAlpha Inc (NYSE:MAX) price on Wednesday, May 09, fall -9.87% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.99.
A look at the stock’s price movement, the close in the last trading session was $22.18. Turning to its 52-week performance, $25.78 and $5.33 were the 52-week high and 52-week low respectively. Overall, MAX moved 9.23% over the past month.
MediaAlpha Inc’s market cap currently stands at around $1.03 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MAX is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
MAX’s current price about 0.86% and 0.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.00, while 7-day volatility ratio is 8.07% and 6.19% in the 30-day chart. Further, MediaAlpha Inc (MAX) has a beta value of 1.34, and an average true range (ATR) of 1.34.
If we refocus on MediaAlpha Inc (NYSE:MAX), historical trading data shows that trading volumes averaged 405.01K over the past 3 months. The company’s latest data on shares outstanding shows there are 47.40 million shares.
The 56.02% of MediaAlpha Inc’s shares are in the hands of company insiders while institutional holders own 39.72% of the company’s shares. Current price change has pushed the stock 79.28% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MAX stock continues to rise going into the next quarter.