Why Myers Industries, Inc.’s (MYE) Stock Is Down 5.18%

By Cynthia McLaughlin
April 29, 2026
Featured Tickers:
MYE

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Myers Industries, Inc. before investing.

In this article, we go over a few key elements for understanding Myers Industries, Inc.’s stock price such as:

  • Myers Industries, Inc.’s current stock price and volume
  • Why Myers Industries, Inc.’s stock price changed recently
  • Upgrades and downgrades for MYE from analysts
  • MYE’s stock price momentum as measured by its relative strength

About Myers Industries, Inc. (MYE)

Before we jump into Myers Industries, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company operates through two segments, The Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets plastic, metal and rubber products, including plastic reusable containers, pallets, small parts bins, bulk shipping containers, OEM parts, storage and organization, custom plastic products, composite ground protection matting, consumer fuel containers and tanks for water, and fuel and waste handling, as well as offers injection molded, rotationally molded, compression molded or blow molded products. This segment serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, construction, infrastructure, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle 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 under the Myers Tire Supply, Myers Tire Supply International, Tuffy, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, MTS Xpress, Seymoure, Advance Traffic Markings, and MXP brands. 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. Myers Industries, Inc. was founded in 1933 and is headquartered in Akron, Ohio.

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Myers Industries, Inc.’s Stock Price as of Market Close

As of April 29, 2026, 3:48 PM, CST, Myers Industries, Inc.’s stock price was $19.670.

Myers Industries, Inc. is down 7.74% from its previous closing price of $21.320.

During the last market session, Myers Industries, Inc.’s stock traded between $19.610 and $21.270. Currently, there are approximately 37.39 million shares outstanding for Myers Industries, Inc..

Myers Industries, Inc.’s price-earnings (P/E) ratio is currently at 22.9, which is high compared to the Containers & Packaging industry median of 20.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Myers Industries, Inc. Stock Price History

Myers Industries, Inc.’s (MYE) price is currently down 7.13% so far this month.

During the month of April, Myers Industries, Inc.’s stock price has reached a high of $22.590 and a low of $19.610.

Over the last year, Myers Industries, Inc. has hit prices as high as $24.030 and as low as $10.180. Year to date, Myers Industries, Inc.’s stock is up 5.07%.

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What Caused Myers Industries, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 28, 2026, there were analysts who downgraded Myers Industries, Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Myers Industries, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Myers Industries, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Myers Industries, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Myers Industries, Inc. (MYE) by visiting AAII Stock Evaluator.

Relative Price Strength of Myers Industries, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 28, 2026, Myers Industries, Inc. has a weighted four-quarter relative price strength of 10.44%, which translates to a Momentum Score of 81 and is considered to be Very Strong.

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Myers Industries, Inc. Stock Price: Bottom Line

As of April 29, 2026, Myers Industries, Inc.’s stock price is $19.670, which is down 7.74% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Myers Industries, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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