Myers Industries Stock Price on April 4, 2023

MYE Stock  USD 11.23  0.47  4.02%   
Below is the normalized historical share price chart for Myers Industries extending back to November 07, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Myers Industries stands at 11.23, as last reported on the 22nd of November, with the highest price reaching 11.76 and the lowest price hitting 11.15 during the day.
IPO Date
8th of September 1987
200 Day MA
16.2201
50 Day MA
12.7482
Beta
1.25
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Myers Stock, it is important to understand the factors that can impact its price. Myers Industries has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Myers Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Myers Industries' Mean Deviation of 1.81, standard deviation of 2.38, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide.
  
At present, Myers Industries' Capital Stock is projected to increase significantly based on the last few years of reporting. . At present, Myers Industries' Price To Free Cash Flows Ratio is projected to increase slightly based on the last few years of reporting. Myers Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1808

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Estimated Market Risk

 2.37
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Myers Industries is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Myers Industries by adding Myers Industries to a well-diversified portfolio.
Price Book
1.5816
Enterprise Value Ebitda
10.0211
Price Sales
0.5081
Shares Float
36.6 M
Dividend Share
0.54

Myers Industries Main Headline on 4th of April 2023

Myers Industries dividend paid on 4th of April 2023

Myers Industries Valuation on April 4, 2023

It is possible to determine the worth of Myers Industries on a given historical date. On April 4, 2023 Myers was worth 20.45 at the beginning of the trading date compared to the closed value of 19.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Myers Industries stock. Still, in general, we apply an absolute valuation method to find Myers Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Myers Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Myers Industries' related companies.
 Open High Low Close Volume
  20.44    20.49    20.04    20.39    140,898  
04/04/2023
  20.45    20.46    19.60    19.76    111,236  
  19.64    19.67    19.32    19.57    150,949  
Backtest Myers Industries  |  Myers Industries History  |  Myers Industries Valuation   PreviousNext  
Open Value
20.45
19.76
Closing Value
27.57
Upside

Myers Industries Trading Date Momentum on April 4, 2023

On April 05 2023 Myers Industries was traded for  19.57  at the closing time. Highest Myers Industries's price during the trading hours was 19.67  and the lowest price during the day was  19.32 . The net volume was 150.9 K. The overall trading history on the 5th of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.96% . The trading delta at closing time to current price is 1.21% .

Myers Industries Fundamentals Correlations and Trends

By evaluating Myers Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Myers Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Myers financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Myers Industries Stock history

Myers Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Myers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Myers Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Myers Industries stock prices may prove useful in developing a viable investing in Myers Industries
Last ReportedProjected for Next Year
Common Stock Shares Outstanding37.1 M36.7 M
Net Income Applicable To Common Shares69.3 M72.8 M

Myers Industries Quarterly Net Working Capital

121.91 Million

Myers Industries Stock Technical Analysis

Myers Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Myers Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Myers Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Myers Industries Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Myers Industries cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Myers Industries November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Myers Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Myers Industries shares will generate the highest return on investment. By undertsting and applying Myers Industries stock market strength indicators, traders can identify Myers Industries entry and exit signals to maximize returns

Myers Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Myers Industries' price direction in advance. Along with the technical and fundamental analysis of Myers Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Myers to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Myers Stock analysis

When running Myers Industries' price analysis, check to measure Myers Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myers Industries is operating at the current time. Most of Myers Industries' value examination focuses on studying past and present price action to predict the probability of Myers Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myers Industries' price. Additionally, you may evaluate how the addition of Myers Industries to your portfolios can decrease your overall portfolio volatility.
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