Acquisition by William Foley of 5294 shares of Myers Industries subject to Rule 16b-3
MYE Stock | USD 11.95 0.58 4.63% |
About 62% of all Myers Industries' shareholders are looking to take a long position. The analysis of overall sentiment of trading Myers Industries stock suggests that some investors are interested at this time. The current market sentiment, together with Myers Industries' historical and current headlines, can help investors time the market. In addition, many technical investors use Myers Industries stock news signals to limit their universe of possible portfolio assets.
Myers |
Filed transaction by Myers Industries Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
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Cash Flow Correlation
Myers Industries' cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Myers Industries' relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.Click cells to compare fundamentals
Myers Industries Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Myers Industries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Myers Industries Fundamental Analysis
We analyze Myers Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Myers Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Myers Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Myers Industries is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Myers Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Myers Industries stock to make a market-neutral strategy. Peer analysis of Myers Industries could also be used in its relative valuation, which is a method of valuing Myers Industries by comparing valuation metrics with similar companies.
Peers
Myers Industries Related Equities
SEE | Sealed Air | 0.66 | ||||
GPK | Graphic Packaging | 0.48 | ||||
REYN | Reynolds Consumer | 0.36 | ||||
SON | Sonoco Products | 0.21 | ||||
CCK | Crown Holdings | 0.11 | ||||
AVY | Avery Dennison | 0.06 | ||||
PTVE | Pactiv Evergreen | 0.12 | ||||
SLGN | Silgan Holdings | 0.22 | ||||
KRT | Karat Packaging | 0.90 | ||||
GEF | Greif Bros | 1.51 | ||||
OI | O I | 2.63 |
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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