Solstice Advanced Mat (NASDAQ:SOLS) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Solstice Advanced Mat (NASDAQ:SOLS) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $59.46 and traded as high as $61.21. Solstice Advanced Mat shares last traded at $60.38, with a volume of 1,893,898 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wall Street Zen downgraded Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. BMO Capital Markets reiterated an “outperform” rating and set a $87.00 target price on shares of Solstice Advanced Mat in a research note on Wednesday, October 21st. Seaport Research Partners began coverage on shares of Solstice Advanced Mat in a report on Wednesday, October 7th. They issued a “buy” rating and a $80.00 price target on the stock. Barclays initiated coverage on shares of Solstice Advanced Mat in a report on Monday, October 12th. They issued an “overweight” rating and a $73.00 price target on the stock. Finally, Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Solstice Advanced Mat has a consensus rating of “Moderate Buy” and a consensus target price of $77.30.

Solstice Advanced Mat Stock Performance

The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.08 and a current ratio of 1.46. The company has a market cap of $9.59 billion and a PE ratio of 34.11. The company’s 50 day moving average price is $59.46 and its 200-day moving average price is $69.75.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.79 by $0.09. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%. The business had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Equities research analysts anticipate that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Institutional Trading of Solstice Advanced Mat

A number of large investors have recently bought and sold shares of SOLS. Folger Nolan Fleming Douglas Capital Management Inc. increased its holdings in Solstice Advanced Mat by 3.3% in the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 4,509 shares of the company’s stock worth $343,000 after acquiring an additional 146 shares during the last quarter. Arizona State Retirement System raised its stake in Solstice Advanced Mat by 0.5% in the 2nd quarter. Arizona State Retirement System now owns 43,816 shares of the company’s stock valued at $3,882,000 after acquiring an additional 217 shares during the period. Quadrant Capital Group LLC raised its stake in Solstice Advanced Mat by 5.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,869 shares of the company’s stock valued at $297,000 after acquiring an additional 263 shares during the period. Manning & Napier Advisors LLC purchased a new stake in Solstice Advanced Mat during the second quarter valued at about $27,000. Finally, CX Institutional lifted its holdings in Solstice Advanced Mat by 29.5% during the third quarter. CX Institutional now owns 1,421 shares of the company’s stock valued at $80,000 after purchasing an additional 324 shares during the last quarter.

About Solstice Advanced Mat

Solstice Advanced Materials, Inc (NASDAQ:SOLS) is a specialty materials company that develops and manufactures engineered materials and chemical technologies for industrial and commercial applications. The company was established as an independent public company following the separation of Honeywell’s Advanced Materials business.

Its portfolio includes fluorine-based products, specialty films, advanced fibers, resins, additives, and other performance materials. These products are used in areas such as refrigeration and air conditioning, healthcare and pharmaceutical packaging, electronics and semiconductors, transportation, aerospace, and protective equipment.

Solstice Advanced Materials serves customers across global markets through a portfolio that includes Solstice refrigerants and blowing agents, Aclar specialty pharmaceutical films, and Spectra high-performance fibers.