MediaAlpha Inc (NYSE:MAX) Is Currently 4.96% Above Its 52-Week High, But Upside Potential Could Surprise You.

In recent trading session, MediaAlpha Inc (NYSE:MAX) saw 0.47 million shares changing hands at last check today with its beta currently measuring 1.32. Company’s recent per share price level of $24.00 trading at $2.94 or 13.95% at last check today assigns it a market valuation of $1.15B. That closing price of MAX’s stock is at a premium of 4.96% from its 52-week high price of $22.81 and is indicating a premium of 78.83% from its 52-week low price of $5.08. Taking a look at company’s average trading volume volume of 356.54K if we extend that period to 3-months.

MediaAlpha Inc (NYSE:MAX) trade information

Upright in the green today for gaining 13.95%, in the last five days MAX remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $24.00 price level, adding 6.9% to its value on the day. MediaAlpha Inc’s shares saw a change of 115.22% in year-to-date performance and have moved 30.35% in past 5-day. MediaAlpha Inc (NYSE:MAX) showed a performance of 23.63% in past 30-days.

MediaAlpha Inc (MAX) estimates and forecasts

Statistics highlight that MediaAlpha Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 133.44% of value to its shares in past 6 months, showing an annual growth rate of 55.06% while that of industry is 19.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

MAX Dividends

MediaAlpha Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.