Should You Buy Mp Materials Corp (MP) Stock After it Has Gained 1.51% in a Week?

Mp Materials Corp (MP) stock has risen 1.51% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Mp Materials Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MP!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With MP Stock Today?

Mp Materials Corp (MP) stock is lower by -1.95% while the S&P 500 has risen 0.07% as of 1:58 PM on Tuesday, Jan 24. MP is down -$0.60 from the previous closing price of $30.76 on volume of 937,435 shares. Over the past year the S&P 500 is lower by -8.78% while MP is down -24.77%. MP earned $1.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 21.3. To screen for more stocks like Mp Materials Corp click here.

More About Mp Materials Corp

MP Materials Corp is the largest producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site ofscale in North America. Click Here to get the full Stock Report for Mp Materials Corp stock.