Mativ Holdings Inc (NYSE:MATV) price on Thursday, March 20, fall -0.95% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.25.
A look at the stock’s price movement, the close in the last trading session was $6.31, moving within a range at $6.15 and $6.46. The beta value (5-Year monthly) was 0.714. Turning to its 52-week performance, $19.96 and $5.10 were the 52-week high and 52-week low respectively. Overall, MATV moved -31.24% over the past month.
Mativ Holdings Inc’s market cap currently stands at around $340.74 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-18. The company has a Forward Dividend ratio of 0.40, with its dividend yield at 6.40%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 470.3M for the company’s revenue for the quarter, with a low and high estimate of 470.3M and 470.3M respectively. The average forecast suggests down to a -5.98% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.98B, representing a -0.03% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MATV is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
MATV’s current price about -4.81% and -24.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.91, while 7-day volatility ratio is 5.54% and 10.87% in the 30-day chart. Further, Mativ Holdings Inc (MATV) has a beta value of 0.66, and an average true range (ATR) of 0.55.
If we refocus on Mativ Holdings Inc (NYSE:MATV), historical trading data shows that trading volumes averaged 1.8 over the past 10 days and 790.86K over the past 3 months. The company’s latest data on shares outstanding shows there are 54.34 million shares.
The 2.32% of Mativ Holdings Inc’s shares are in the hands of company insiders while institutional holders own 95.22% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.95 million on 2025-02-28, giving us a short ratio of 4.85. The data shows that as of 2025-02-28 short interest in Mativ Holdings Inc (MATV) stood at 767.99996 of shares outstanding, with shares short rising to 1.34 million registered in 2025-01-31. Current price change has pushed the stock -42.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MATV stock continues to rise going into the next quarter.
