Mativ Holdings Inc (NYSE:MATV) shares traded unchanged at $6.50 on Wall Street last session.
MATV stock price is now 14.63% away from the 50-day moving average and -37.24% away from the 200-day moving average. The market capitalization of the company currently stands at $355.11M.
With the price target reduced from $15.50 to $10, Stifel Upgraded its rating from Hold to Buy for Mativ Holdings Inc (NYSE: MATV). On November 21, 2024, Stifel recently initiated its ‘Hold’ rating on the stock quoting a target price of $15.50, while ‘CJS Securities’ rates the stock as ‘Market Outperform’
In other news, Stipancich John K, Director bought 5,000 shares of the company’s stock on Jun 06 ’25. The stock was bought for $32,000 at an average price of $6.40. Upon completion of the transaction, the Director now directly owns 16,113 shares in the company, valued at $0.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 30 ’25, Director Levi Marco bought 10,000 shares of the business’s stock. A total of $57,800 was incurred on buying the stock at an average price of $5.78. This leaves the insider owning 44,732 shares of the company worth $0.29 million. A total of 2.77% of the company’s stock is owned by insiders.
During the past 12 months, Mativ Holdings Inc has had a low of $4.34 and a high of $19.96. As of last week, the company has a debt-to-equity ratio of 2.77, a current ratio of 2.38, and a quick ratio of 1.18.
The net profit margin was -22.72% and return on equity was -66.90% for MATV. The company reported revenue of $484.8 million for the quarter, compared to $500.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.08 percent.
