During the last session, Matterport Inc (NASDAQ:MTTR)’s traded shares were 10.22 million, with the beta value of the company hitting 1.19. At the end of the trading day, the stock’s price was $4.64, reflecting an intraday gain of 0.87% or $0.04. The 52-week high for the MTTR share is $4.99, that puts it down -7.54 from that peak though still a striking 62.72% gain since the share price plummeted to a 52-week low of $1.73. The company’s market capitalization is $1.44B, and the average trade volume was 4.19 million shares over the past three months.
Matterport Inc (NASDAQ:MTTR) trade information
Matterport Inc (MTTR) registered a 0.87% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.87% in intraday trading to $4.64, hitting a weekly high. The stock’s 5-day price performance is 160.67%, and it has moved by 157.78% in 30 days. Based on these gigs, the overall price performance for the year is 81.25%.
Matterport Inc (MTTR) estimates and forecasts
Statistics show that Matterport Inc has outperformed its competitors in share price, compared to the industry in which it operates. Matterport Inc (MTTR) shares have gone up 146.81% during the last six months, with a year-to-date growth rate more than the industry average at 59.09% against 18.70. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 57.10% this quarter and then jump 57.10% in the quarter after that. In the rating firms’ projections, revenue will increase 11.50% compared to the previous financial year.
Revenue for the current quarter is expected to be $40.04 million as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $43.68 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $37.99 million .
While earnings are projected to return 61.50% in 2024.
MTTR Dividends
Matterport Inc 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.
