During the last session, MultiPlan Corp (NYSE:MPLN)’s traded shares were 3.4 million, with the beta value of the company hitting 0.87. At the end of the trading day, the stock’s price was $0.58, reflecting an intraday gain of 3.86% or $0.02. The 52-week high for the MPLN share is $2.29, that puts it down -294.83 from that peak though still a striking 5.17% gain since the share price plummeted to a 52-week low of $0.55. The company’s market capitalization is $381.52M, and the average trade volume was 1.78 million shares over the past three months.
MultiPlan Corp (NYSE:MPLN) trade information
MultiPlan Corp (MPLN) registered a 3.86% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.86% in intraday trading to $0.58, hitting a weekly high. The stock’s 5-day price performance is -19.78%, and it has moved by -28.43% in 30 days. Based on these gigs, the overall price performance for the year is -40.30%.
MultiPlan Corp (MPLN) estimates and forecasts
In the rating firms’ projections, revenue will increase 6.00% compared to the previous financial year.
Revenue for the current quarter is expected to be $244.12 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $252.32 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $236.59 million and $237.99 million respectively. In this case, analysts expect current quarter sales to grow by 3.20% and then jump by 6.00% in the coming quarter.
While earnings are projected to return -37.86% in 2024, the next five years will return 22.80% per annum.
MPLN Dividends
MultiPlan Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
