Myers Industries, Inc.

Ticker

MYE

ISIN

US628464109

Price

USD 22.67

Change Today

+0.45 / 2.025 %

Price 1 year ago

20.44 / 10.91 %

Market Capitalization

740,729,280.00

52 Week Low

20.10

52 Week High

22.73

200 Day Moving Average

21.73

50-day Moving Average

21.73


Price evolution

Yearly Returns


Peers


Peers

Company information

Summary

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational, and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.

Sector

Consumer Cyclical

Industry

Packaging & Containers

Country

United States

Exchange

NYQ

Earnings Per Share

1.02

P/E Ratio

20.039217

Debt/Equity Ratio

58.02

Beta

1.366964

City

Akron

Address

1293 South Main Street

Zip

44301

Ebitda

81,974,000.00

Ebitda Margins

0.10

Enterprise to Ebitda

12.16

Enterprise Value

996,716,416.00

Target Price

-

Estimated Price

-

Book Value

5.26

Expected Growth

-

Balance sheet

Income statement

Sustainability

Correlation

CompanyNameCorrelation
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BALLBall Corporation0.42
WRKWestrock Company0.46
CCKCrown Holdings, Inc.0.47
GPKGraphic Packaging Holding Compa0.49
IPInternational Paper Company0.50
OIO-I Glass, Inc.0.55
PKGPackaging Corporation of Americ0.57
BERYBerry Global Group, Inc.0.59
SLGNSilgan Holdings Inc.0.60
SEESealed Air Corporation0.62
AMCRAmcor plc0.68

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Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.