Ecovyst (NYSE:ECVT) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Ecovyst Inc. (NYSE:ECVT) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $10.17 and traded as high as $10.20. Ecovyst shares last traded at $10.1750, with a volume of 1,254,894 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research report on Thursday, August 27th. BWS Financial restated a “buy” rating and set a $16.00 price objective on shares of Ecovyst in a report on Thursday, August 6th. Wall Street Zen raised Ecovyst from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $14.00 target price on shares of Ecovyst in a research note on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $14.62.

Ecovyst Stock Up 2.1%

The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1.11 billion, a P/E ratio of -19.20, a PEG ratio of 0.43 and a beta of 1.05. The firm has a 50-day simple moving average of $10.17 and a two-hundred day simple moving average of $11.78.

Ecovyst (NYSE:ECVT) last announced its earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The company had revenue of $249.96 million during the quarter, compared to analysts’ expectations of $237.54 million. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.83%. Ecovyst’s quarterly revenue was up 24.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Equities research analysts expect that Ecovyst Inc. will post 0.60 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Ecovyst news, Director Patti Humble acquired 24,875 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was acquired at an average price of $10.05 per share, for a total transaction of $249,993.75. Following the purchase, the director directly owned 33,974 shares of the company’s stock, valued at $341,438.70. This trade represents a 273.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.84% of the company’s stock.

Institutional Trading of Ecovyst

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Ecovyst during the 2nd quarter worth approximately $132,792,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Ecovyst by 246.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company’s stock worth $62,101,000 after purchasing an additional 3,435,942 shares during the period. William Blair Investment Management LLC bought a new position in shares of Ecovyst during the second quarter worth approximately $10,712,000. Bank of America Corp DE bought a new position in shares of Ecovyst during the second quarter worth approximately $7,274,000. Finally, Empowered Funds LLC acquired a new stake in shares of Ecovyst in the second quarter valued at approximately $7,163,000. Institutional investors own 86.69% of the company’s stock.

Ecovyst Company Profile

Ecovyst Inc (NYSE: ECVT) is a global provider of specialty catalysts and advanced materials used in industrial and environmental applications. The company develops, manufactures and supplies products that help customers improve process efficiency, increase yields and meet emissions and sustainability requirements.

Through its Catalysts Technologies business, Ecovyst provides catalysts and related services for petroleum refining, renewable fuels, petrochemicals and other chemical processes.