Sunday, June 26, 2022

Investing in Ecovyst Inc. [ECVT]: What You Must Know

Ecovyst Inc.’s recently made public that its Schneberger Thomas acquired Company’s shares for reported $49296.0 on May 20. In the deal valued at $9.86 per share,5,000 shares were bought. As a result of this transaction, Schneberger Thomas now holds 332,143 shares worth roughly $ 3.18 million.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


Then, Feehan Michael bought 5,000 shares, generating $49,794 in total proceeds. Upon buying the shares at $9.96, the now owns 361,034 shares.

Before that, Koscinski Joseph S. bought 5,200 shares. Ecovyst Inc. shares valued at $50,023 were divested by the at a price of $9.62 per share. As a result of the transaction, Koscinski Joseph S. now holds 442,686 shares, worth roughly $4.24 million.

Taking this into account, BWS Financial initiated its Ecovyst Inc. [ECVT] rating to a Buy in a research note published on Tuesday, March 23, 2022; the price target was $18. PT values the company’s stock at a premium of 46.78 to its Tuesday closing price. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late November with a ‘”a Neutral”‘ rating. BMO Capital Markets began covering ECVT with a “an Outperform” recommendation on August 16, 2021.

Price Performance Review of ECVT

On Tuesday, Ecovyst Inc. [NYSE:ECVT] saw its stock jump 0.31% to $9.58. On the same session, the stock had its day’s lowest price of $9.58, but rose to a high of $9.91. Over the last five days, the stock has gained 1.05%. Ecovyst Inc. shares have fallen nearly -6.45% since the year began. Nevertheless, the stocks have fallen -24.31% over the past one year. While a 52-week high of $14.29 was reached on 03/29/22, a 52-week low of $9.12 was recorded on 06/16/22. SMA at 50 days reached $10.34, while 200 days put it at $10.78. A total of 0.51 million shares were traded, compared to the trading of 0.54 million shares in the previous session.

Levels Of Support And Resistance For ECVT Stock

The 24-hour chart illustrates a support level at 9.47, which if violated will result in even more drops to 9.36. On the upside, there is a resistance level at 9.80. A further resistance level may holdings at 10.02. The Relative Strength Index (RSI) on the 14-day chart is 40.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.06%. Stochastics %K at 24.78% indicates the stock is a holding.

Ecovyst Inc. [ECVT] – Who Are The Largest Shareholders?

In filings from Shapiro Capital Management LLC, it is revealed that the company now owns 5,799,456 shares, or roughly 4.18% of the outstanding ECVT shares. In other words, the investor’s shares have risen by 335,297 from its previous 13-F filing of 5464159.0. Additionally, Westwood Management Corp. decreased -2.94% of its stake after which the total value it holdings stand at $54,000,307, while The Vanguard Group, Inc. reduced -8.23% of its stake to hold $51.53 million in the firm. Over the last quarter, Allspring Global Investments LLC sold -14,129 shares of Ecovyst Inc., while BlackRock Fund Advisors sold 233,480 shares. At present, JPMorgan Investment Management, I is holding 3,349,104 shares valued at $34.4 million. Cove Street Capital LLC owned 3,314,674 shares of the company at the time of its most recent 13F filing, worth $34.04 million.

Latest news

Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here

2618

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam