The trading price of Microstrategy Inc (NASDAQ:MSTR) floating lower at last check on current market day and closing at $306.94, -6.99% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $301.7489 and $320.01. In examining the 52-week price action we see that the stock hit a 52-week high of $543.00 and a 52-week low of $43.87. Over the past month, the stock has lost -21.06% in value.
Microstrategy Inc, whose market valuation is $72.72 billion at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.05 per share this quarter, however they have predicted annual earnings per share of -3.07 for current year and -0.02 for next year.
Analysts have forecast the company to bring in revenue of 123.52M for the current quarter, with the likely lows of 118.29M and highs of 132.52M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 469.8M.
On the technical side, indicators suggest MSTR has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned MSTR a recommendation rating is 6. Out of them, 1 rate it a Hold, while 5 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Microstrategy Inc (MSTR) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that MSTR’s price is currently -17.04% off the SMA20 and -7.32% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.07, and weekly volatility stands at 7.85%. When measured over the past 30 days, the indicator reaches 8.89%. Microstrategy Inc (NASDAQ:MSTR)’s beta value is currently sitting at 3.23, while the Average True Range indicator is currently displaying 35.48. With analysts defining $146-$570 as the low and high price targets, we arrive at a consensus price target of $270 for the trailing 12-month period. The current price is about 52.43% off the estimated low and -85.7% off the forecast high, based on this estimate. Investors will be thrilled if MSTR’s share price rises to $270, which is the median consensus price. At that level, MSTR’s share price would be 12.03% above current price.
To see how Microstrategy Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: MSTR stock’s performance was -6.99% at last check in today’s session, and 359.58% in the past year.
An evaluation of the daily trading volume of Microstrategy Inc (NASDAQ:MSTR) indicates that the 3-month average is 26.93 million. However, this figure has increased over the past 10 days to an average of 23.58.
Currently, records show that 244.85 million of the company’s shares remain outstanding. The insiders hold 17.03% of outstanding shares, whereasinstitutions hold 38.77%. The stats also highlight that short interest as of 2024-12-13, stood at 23.79 million shares, resulting in a short ratio of 0.64 at that time. From this, we can conclude that short interest is 1084.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were down slightly from the previous month’s figure, which was 25.36 million. However, since the stock’s price has seen 385.96% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
