The Future Is Bright: Keysight Technologies Inc. (KEYS), Martin Marietta Materials Inc. (MLM)

The stock of Keysight Technologies Inc. (KEYS) decreased by -0.20% to finish the standard trading session at $99.49. During that period, a total of 1041968 shares were traded, and this stock’s average trading volume is currently 1.56M shares per day. Important things to pay attention to when considering a stock’s current and future price are the 52-week high and low price points. Shares of Keysight Technologies Inc. (KEYS) are currently -9.55% below their 52-week high mark and 27.67% higher than the 52-week low mark.

The Vanguard Group, Inc. opened a new position with shares of Keysight Technologies Inc. (KEYS) during the lastest quarter, according to the public company’s latest Form 13F filing with the US Securities and Exchange Commission (SEC). This particular institutional investor became the owner of 20,625,890 shares of the Scientific & Technical Instruments provider’s common stock, which is currently worth approximately $2.03 billion. According to the latest SEC filing from The Vanguard Group, Inc., the firm held approximately 11.00% of Keysight Technologies Inc.. On a separate note, T. Rowe Price Associates, Inc. (I… entered a new position in Keysight Technologies Inc. stock during the lastest quarter, holdings valued at $1.31 billion. Institutional investors and hedge funds hold 92.10% of this public company’s common stock.

Turning now to this publicly-traded company’s past performance, we will explore different moving trends for KEYS. This stock lost -0.11% during the last week and rose 4.78% over the last one-month period. Shares of this organization’s stock rose 0.35% throughout the last quarter. Within the last six months, the stock has increased 11.52%, with a full-year gain of 3.41%. At the time of writing, this stock’s year-to-date (YTD) price performance is now negative at -3.06%.

Out of a total of 13 brokerages that are currently covering Keysight Technologies Inc. (KEYS) stock, the average recommendation is “Buy” according to WSJ. 1 equities research analyst has rated the stock with a “Overweight” recommendation, 11 analysts have given this stock a “Buy” recommendation, 1 analysts have recommended that investors “Hold” this stock, and 0 analysts have given this stock a “Sell” rating and 0 suggested “Underweight”. Analysts’ average 1-year price target, among all the brokerages, is $124.69.

Shares of Martin Marietta Materials Inc. (MLM) managed to reach a high of $261.64 and dropped down to a low of $248.74, before this stock settled at $249.64 at the end of the latest trading session. This organization’s stock has been displaying bullish momentum. Its Average True Range, or ATR, has fallen consistently after each of the most recent 14 trading sessions. Stock traders typically look at the ATR when they want to focus on technical analysis. At the time of writing, the 14-day ATR for Martin Marietta Materials Inc. (MLM) is sitting at 8.39. Martin Marietta Materials Inc. currently has a 52-week low of $135.08 with a 52-week high of $281.82. This organization has a debt-to-equity ratio of 0.50, a quick ratio of 1.50, and a current ratio of 2.70. This public company has a market cap of $15.18 billion, a beta of 0.84, a price-to-earnings-growth ratio of 5.05, and price-to-earnings ratio of 25.07.

COLE SUE W, the Director of Martin Marietta Materials Inc. (MLM), sold 468 shares of Martin Marietta Materials Inc. stock in an exchange that took place on Sep 10. The shares were sold at an average price of $207.03 each, amounting to a total Sale worth $96,889. As of the close of the Sale, the Director now directly holds 21,896 shares of the organization’s stock, which is now worth about $5466117.44. The deal was disclosed in a Securities & Exchange Commission legal filing, which can be publicly viewed on the SEC website.

Martin Marietta Materials Inc. (MLM) most recently publicly disclosed its earnings results on July 28, 2020. The organization posted $3.49 earnings per share (EPS) during the three-month period, which was $0.47 higher than the consensus estimate of $3.02. The company experienced a positive return on equity of 11.60% and a positive net margin of 13.10%. Martin Marietta Materials Inc. reported revenue of $4.75B during the last year. During the year-ago, the company reported $9.96 EPS. Analysts forecast that Martin Marietta Materials Inc. will report EPS of $3.76 for the current fiscal year.

Stock traders are taking a renewed look at shares of Martin Marietta Materials Inc.. This stock’s current 14-day RSI is standing at 75.33%, with a 9-day RSI of 82.42%, and a 20-day RSI of 69.87%. The RSI, which stands for Relative Strength Index, is a widely-used oscillating indicator trusted by investors and traders alike. The RSI works within a range-bound space with values on a scale from 0 to 100. When the RSI line rises, the shares may be showing strength. The contrary is the case when the RSI line starts to fall. When using the RSI indicator, different time periods may be looked at. When using a shorter time frame, the RSI might be more volatile. A lot of traders keep their focus between the 30 and 70 marks on the RSI scale. A shift higher than 70 is widely-considered to demonstrate that the stock has entered overbought territory. Meanwhile, a drop below 30 indicates that it may be in oversold territory. Traders often use these levels to predict stock price reversals.