Ecovyst Inc. (NYSE:ECVT – Get Free Report) Director Susan F. Ward sold 24,436 shares of the firm’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $10.28, for a total transaction of $251,202.08. Following the completion of the sale, the director now owns 67,587 shares in the company, valued at $694,794.36. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Ecovyst Stock Performance
ECVT opened at $11.05 on Thursday. The stock’s 50 day simple moving average is $9.50 and its 200-day simple moving average is $9.55. The company has a current ratio of 2.07, a quick ratio of 1.69 and a debt-to-equity ratio of 1.22. The stock has a market cap of $1.29 billion, a PE ratio of 18.11, a P/E/G ratio of 0.55 and a beta of 1.00. Ecovyst Inc. has a 1 year low of $8.26 and a 1 year high of $12.35.
Ecovyst (NYSE:ECVT – Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). Ecovyst had a return on equity of 11.08% and a net margin of 10.30%. The business had revenue of $172.80 million for the quarter, compared to analyst estimates of $168.31 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The firm’s quarterly revenue was down 5.5% on a year-over-year basis. Sell-side analysts forecast that Ecovyst Inc. will post 0.81 EPS for the current year.
Institutional Trading of Ecovyst
Analysts Set New Price Targets
Separately, Citigroup reduced their target price on shares of Ecovyst from $12.00 to $11.50 and set a “buy” rating for the company in a research note on Monday, March 4th.
Read Our Latest Report on ECVT
Ecovyst Company Profile
Ecovyst Inc offers specialty catalysts and services in the United States and internationally. The company operates in two segments, Ecoservices and Advanced Materials & Catalysts. The Ecoservices segment provides sulfuric acid recycling services and end-to-end logistics for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications.
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