The trading price of Microstrategy Inc (NASDAQ:MSTR) closed higher on Friday, January 17, and closing at $396.50, 8.04% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $380.1528 and $398.6066. 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 -2.94% in value.
Microstrategy Inc, whose market valuation is $97.73 billion at the time of this writing, is expected to release its quarterly earnings report in February. 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 122.67M 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 467.93M.
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 100% 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 16.47% off the SMA20 and 10.99% off the SMA50. The RSI metric on the 14-day chart is currently showing 59.15, and weekly volatility stands at 6.39%. When measured over the past 30 days, the indicator reaches 8.82%. Microstrategy Inc (NASDAQ:MSTR)’s beta value is currently sitting at 3.26, while the Average True Range indicator is currently displaying 32.24. 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 63.18% off the estimated low and -43.76% 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 31.9% above current price.
To see how Microstrategy Inc stock has been performing in comparison to its peers in the industry, here are the numbers: MSTR stock’s performance was 8.04% in the latest trading, and 694.59% in the past year.
An evaluation of the daily trading volume of Microstrategy Inc (NASDAQ:MSTR) indicates that the 3-month average is 27.62 million. However, this figure has increased over the past 10 days to an average of 20.4.
Currently, records show that 246.49 million of the company’s shares remain outstanding. The insiders hold 16.19% of outstanding shares, whereas institutions hold 38.50%. The stats also highlight that short interest as of 2024-12-31, stood at 23.25 million shares, resulting in a short ratio of 0.93 at that time. From this, we can conclude that short interest is 1030.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were up slightly from the previous month’s figure, which was 22.88 million. However, since the stock’s price has seen 36.90% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
