The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Maravai LifeSciences Holdings Inc. (MRVI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.10, or 0.90%, to $11.19. The Maravai LifeSciences Holdings Inc. has recorded 38,567 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Maravai LifeSciences to Host 2023 Investor R&D Day.
Maravai LifeSciences Holdings Inc. is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. At the end of the last regular session, the stock closed at $11.09 and fluctuated between $11.16 as its day high and $10.39 as its day low. The current market capitalization of Maravai LifeSciences Holdings Inc. is $2.79B. A total of 3.89 million shares were traded on the day, compared to an average of 2.39M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, MRVI has seen 10 BUY and 1 SELL insider trades, representing the acquisition of 247,901 and the disposition of 5,578 shares. Over the last 12 months, there were 24 BUYs and 6 SELLs from insiders. Insiders purchased 989,129 shares during that period but sold 24,488.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for MRVI in the last 3 months, the mean price target is $13.34 with high estimates of $18.00 and low estimates of $8.00. In terms of 52-week highs and lows, MRVI has a high of $26.55 and a low of $9.20.
As of this writing, MRVI has an earnings estimate of $0.01 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.02 per share and a lower estimate of -$0.01. The company reported an EPS of $0.03 in the last quarter, which was -25.00% lower than expectations of $0.04.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MRVI’s latest balance sheet shows that the firm has $551.27M in Cash & Short Term Investments as of fiscal 2021. There were $534.31M in debt and $93.78M in liabilities at the time. Its Book Value Per Share was $3.95, while its Total Shareholder’s Equity was $545.36M.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MRVI is Buy with a score of 4.09.