MP Materials Corporation’s recently made public that its Director JAMES HENRY LITINSKY REVOCABLE acquired Company’s shares for reported $13.14 million on Mar 17 ’25. In the deal valued at $26.83 per share,489,918 shares were bought.
Then, Corbett Ryan bought 15,000 shares, generating $405,000 in total proceeds.
Before that, Corbett Ryan bought 60,000 shares. MP Materials Corporation shares valued at $1,500,000 were divested by the Officer at a price of $25.00 per share.
Robert W. Baird reiterated its MP Materials Corporation [MP] rating to an Outperform in a research note published on September 27, 2024; the price target was $25. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in mid July with a ‘”a Market perform”‘ rating. JP Morgan also remained covering MP and has decreased its forecast on April 23, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Morgan Stanley revised its rating on March 13, 2024. It rated MP as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of MP
On Monday, MP Materials Corporation [NYSE:MP] saw its stock fall -0.52% to $26.69. Over the last five days, the stock has gained 9.30%. MP Materials Corporation shares have risen nearly 71.09% since the year began. Nevertheless, the stocks have risen 89.96% over the past one year. While a 52-week high of $26.95 was reached on 03/17/25, a 52-week low of $10.02 was recorded on 01/02/25. SMA at 50 days reached $22.65, while 200 days put it at $17.52.
Levels Of Support And Resistance For MP Stock
The 24-hour chart illustrates a support level at 26.41, which if violated will result in even more drops to 26.13. On the upside, there is a resistance level at 27.01. A further resistance level may holdings at 27.33. The Relative Strength Index (RSI) on the 14-day chart is 63.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.15%. Stochastics %K at 87.11% indicates the stock is a selling.
How much short interest is there in MP Materials Corporation?
A steep rise in short interest was recorded in MP Materials Corporation stocks on 2025-02-28, growing by 0.97 million shares to a total of 19.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 18.49 million shares. There was a rise of 5.01%, which implies that there is a positive sentiment for the stock.
