Meritor, Inc. (MTOR): Analyzing Basic Trading Data

In the past 52-week period, shares of Meritor, Inc. (NYSE:MTOR) have moved within the range of $9.84 to $27.03. On the stock’s most recent trading day, the company’s shares ended the regular session at $26.15, which is 3.26% lower than its 52-week high.

Meritor, Inc. (MTOR) has demonstrated a 20-day simple moving average (SMA) of -0.24%, and a 50-day SMA of 11.30%. This public company’s current market capitalization stands at $2.33 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Meritor, Inc. (MTOR) is Hold.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Jun. 2017, Meritor, Inc. (MTOR) delivered a 8.48% surprise with its net revenue. Sales reached $0.92 billion during the three-month period, compared to the average analyst estimate of $0.85 billion.

Meanwhile, during the same quarter Meritor, Inc. (MTOR) delivered a 40.14% earnings surprise. Net earnings for the quarter were posted at $0.64 per share, whereas Wall Street had forecast $0.46 per share.

Ownership at Meritor, Inc. (MTOR), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Meritor, Inc. (MTOR) has 0.09 billion shares outstanding currently, 93.54% of which belong to institutional investors. Those institutional holdings amount to $2.17 billion.

Additionally, according to the most recent 13F filing from Meritor, Inc. (MTOR), there were 34 new positions totaling 4,349,176 shares of the company’s stock. There were 26 sold out positions, on the other hand, totaling 1,958,319 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Meritor, Inc. (MTOR) has had a 20-day average volume of 1,234,115 shares, with an average of 20% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 1,682,872 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,304,702 shares with 67% of long-term indicators pointing to Buy.