In Friday’s Wall Street session, MP Materials Corporation (NYSE:MP) shares traded at $32.9, down -8.59% from the previous session.
MP stock price is now 28.27% away from the 50-day moving average and 51.08% away from the 200-day moving average. The market capitalization of the company currently stands at $5.38B.
With the price target maintained at $34, Morgan Stanley recently Upgraded its rating from Equal-Weight to Overweight for MP Materials Corporation (NYSE: MP). On September 27, 2024, Robert W. Baird reiterated its ‘Outperform’ rating on the stock by increasing its target price from $20 to quote $25, while ‘BMO Capital Markets’ rates the stock as ‘Market Perform’
In other news, Hoops Elliot Dean, General Counsel and Secretary sold 5,523 shares of the company’s stock on Jun 26 ’25. The stock was sold for $200,872 at an average price of $36.37. Upon completion of the transaction, the General Counsel and Secretary now directly owns 69,749 shares in the company, valued at $2.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 26 ’25, Officer Hoops Elliot Dean bought 5,523 shares of the business’s stock. A total of $200,651 was incurred on buying the stock at an average price of $36.33. A total of 26.80% of the company’s stock is owned by insiders.
During the past 12 months, MP Materials Corporation has had a low of $10.02 and a high of $39.10. As of last week, the company has a debt-to-equity ratio of 0.89, a current ratio of 4.12, and a quick ratio of 3.58. The fifty day moving average price for MP is $25.6482 and a two-hundred day moving average price translates $21.77645 for the stock.
The latest earnings results from MP Materials Corporation (NYSE: MP) was released for 2025-03-31. The net profit margin was -48.41% and return on equity was -9.62% for MP. The company reported revenue of $60.81 million for the quarter, compared to $48.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.91 percent.
