Ecovyst Inc (ECVT): The stock short term indicators suggest Buy today

Ecovyst Inc (ECVT) saw an uptrend of 1768450% in the recent trading with $1170000.0 being its most recent. The current price level -15.08% lower than the highest price of $9.91 marked by the stock while trading over the past 52-weeks, whereas it is 60.69% higher than the lowest price of $5.24 the company dropped to over past 52-weeks. The latest news story on ECVT appeared in (PR Newswire) under the title “Ecovyst Completes Acquisition of Waggaman, Louisiana, Sulfuric Acid Assets from Cornerstone Chemical” on May-06-25.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.17 for the stock.

Ecovyst Inc Earnings – What Happened With ECVT

Coming around sales and income figures on ECVT Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

Ecovyst Inc – Insider Activity and Holdings

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 117.39 million. ECVT does have institutional investors; and they hold 91.37% of the stock.

As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Ecovyst Inc (NYSE:ECVT) with an ownership of 10.67 million shares of the company or 9.1307 of the stake worth $95.75 million. The filing also reveals HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC as the second largest holder in the company with a control over 8.6385 of the outstanding shares. Its stake is worth $90.59 million for having 10.1 million shares in hand.

BLACKROCK INC. also came holding a key position in the company during the recent quarter and it now holds 8.246 of the outstanding shares. With this there are now 221.0 institutions which have possession in ECVT’s shares.

Key Metrics forECVT

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Ecovyst Inc has a debt to equity ratio of 1.28.

Technical Analysis of Ecovyst Inc (NYSE:ECVT) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Ecovyst Inc (ECVT), we notice that the stock’s 20-day average volume is at 1,177,055 shares and 100% of short term indicators are suggesting the stock as Buy. And to end, ECVT’s 100-day average volume is 1,109,029 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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