Matterport Stock Bullish Momentum With A 29% Jump In The Last 21 Sessions

(VIANEWS) – Shares of Matterport
(NASDAQ: MTTR)
jumped by a staggering 29.73% in 21 sessions from $2.96 at 2023-01-19, to $3.84 at 16:27 EST on Thursday, after four successive sessions in a row of gains. NASDAQ is rising 3.25% to $12,200.82, after two successive sessions in a row of gains.

Matterport
‘s last close was $3.72, 66.46% below its 52-week high of $11.09.

About Matterport

Matterport, Inc., a spatial data company, focuses on digitization and datafication of the built world. It offers Matterport digital twins, a 3D data platform to design, build, operate, promote, and understand spaces. The company offers Matterport Capture, an application that enables to capture depth, data, and imagery of a space using 3D cameras, 360 cameras, and iPhones; Matterport Workshop application to customize, add additional details, and share spaces; Matterport Showcase application for audience view and explore space in its final format; and Matterport VR to experience virtual reality. It offers solutions for real estate, photography, travel and hospitality, retail, insurance and restoration, industrial and facilities management, architecture, and engineering and construction industries. Matterport, Inc. was founded in 2011 and is headquartered in Sunnyvale, California.

Earnings Per Share

As for profitability, Matterport
has a trailing twelve months EPS of $-3.367.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -96.26%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 116.7% and a negative 20%, respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Matterport
‘s stock is considered to be oversold (<=20).

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.5%, now sitting on 111.73M for the twelve trailing months.

Moving Average

Matterport
‘s worth is way higher than its 50-day moving average of $2.95 and under its 200-day moving average of $4.21.

More news about Matterport
(MTTR)
.

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