Is Ecovyst Inc (NYSE: ECVT) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

ECVT belongs to the Basic Materials sector of the NYSE while operating in the Specialty Chemicals industry. The current market capitalization of Ecovyst Inc is $1.17B. A total of 1.17 million shares were traded on the day, compared to an average of 656.28K shares.

In the most recent transaction, Feehan Michael bought 5,000 shares of ECVT for 9.67 per share on Aug 23 ’23. After the transaction, the insider now owns 340,940 company shares. In a previous transaction on Aug 23 ’23, Bitting Kurt bought 3,100 shares at 9.64 per share. ECVT shares that the insider owns now total 415,718.

Among the insiders who sold shares, INEOS Ltd disposed of 14,000,000 shares on May 26 ’23 at a per-share price of $10.88. This resulted in the Former 10% Owner holding 10,731,385 shares of ECVT after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ECVT’s most recent ex-dividend date was 8/11/2021 when it declared a $3.20 quarterly dividend that was paid in cash on 8/23/2021.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ECVT has a high of $12.35 and a low of $8.26.

As of this writing, ECVT has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.09 per share and a lower estimate of $0.01. The company reported an EPS of $0.19 in the last quarter, which was -9.50% lower than expectations of $0.21.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ECVT’s latest balance sheet shows that the firm has $140.89M in Cash & Short Term Investments as of fiscal 2021. There were $926.71M in debt and $145.08M in liabilities at the time. Its Book Value Per Share was $6.08, while its Total Shareholder’s Equity was $740.74M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 ECVT is Buy with a score of 4.71.

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