Examining shares of Meritor, Inc. (NYSE:MTOR), we can see that the stock has a current beta of 2.11. Checking in on current price action, company shares had recently touched 20.88. From the session open, shares have moved 0.29%. Investors will be watching to see how the stock reacts to market influences over the next few weeks. As we near the halfway point of the calendar year, investors may be trying to figure out if now is the time to get in on the name, or whether to wait for a better opportunity.
Following all the day to day information regarding publically traded companies can be challenging. There is rarely any shortage of data that investors can examine when attempting to research specific stocks. One of the greatest challenges for the investor is determining which data to focus on and which data to set aside. Investors will often need to stay aware of happenings in the overall economic environment, and pay attention to global factors that may have a widespread impact on markets. Being aware of the macroeconomic picture can greatly help the investor when making important portfolio decisions.
We are also noting that Meritor, Inc. (NYSE:MTOR) was recently seen trading -4.83% away from the 50-day high and 38.92% separated from the 50-day low. Taking a broader view, the current separation from the 52-week high is -23.43%, and the distance from the 52-week low is currently 39.11%. Let’s also look quickly at some analyst views on company shares. At the time of writing, the consensus target price for the company is $25.63. The consensus recommendation provided by covering sell-side analysts is currently 2.40. This number lands on a scale from 1 to 5. Following this scale, a rating of a 1 or a 2 would indicate a consensus Buy recommendation. A rating of 4 or 5 would represent a consensus Sell recommendation. A rating of 3 would indicate a Hold recommendation.
After a recent check, Meritor, Inc. (NYSE:MTOR) shares have been seen trading 4.64% away from the 20-day moving average. Zooming out to the 50-day, we can see that shares are currently trading 15.56% off of that mark. Looking at the 200-day moving average, shares have been trading 6.91% away from that value. The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. Many investors will opt to use multiple time periods when examining moving averages. Moving averages are considered to be lagging indicators, and they may prove to be very useful for spotting peaks and troughs. They may also be used to help the trader calculate sturdy support and resistance levels for the stock.
Investors may be closely monitoring historical stock price performance in order to examine what has been happening with company shares. Let’s take a look at some of the numbers for Meritor, Inc. (NYSE:MTOR). Stock price performance for the past week is currently noted at -0.29%. If we look back to the beginning of the calendar year, shares have performed 22.59%. Looking back over the past full-year, shares have performed -21.27%. Over the past month, the stock has performed 12.36%. Over the last quarter, the stock has performed 17.52%. Briefly looking at some recent volatility numbers, we can see that shares have been noted at 2.45% for the week, and 3.44% for the past month.
Dealing with the ups and down of the stock market is something that most investors will encounter at some point. Everyone wants to feel that thrill of seeing that big winner soar, and nobody wants to see that loser keep sinking. Figuring out how to best approach the stock market can take up a lot of time and energy. There are many strategies that investors can use when purchasing stocks for the portfolio. Some of these strategies may be riskier than others. Determining a comfortable level of risk appetite may be highly important for the individual investor. It is important to remember that there are no guarantees in the stock market. New investors may have to learn that there is rarely any substitute for hard work and tireless research. Many investors jump in head first and find this out the hard way. Realizing that there is no guaranteed strategy for stock picking might help the investor stay focused and grounded while building up the portfolio.
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