Microstrategy Inc (NASDAQ:MSTR) shares, rose in value on Wednesday, February 12, with the stock price up by 2.30% to the previous day’s close as strong demand from buyers drove the stock to $326.82.
Actively observing the price movement in the last trading, the stock closed the session at $319.46, falling within a range of $314.19 and $331.12. The value of beta (5-year monthly) was 3.062. Referring to stock’s 52-week performance, its high was $543.00, and the low was $65.02. On the whole, MSTR has fluctuated by -0.48% over the past month.
With the market capitalization of Microstrategy Inc currently standing at about $84.38 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 480.1M, with a low estimate of 111.93M and a high estimate of 119M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 115.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MSTR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of MSTR currently trading nearly -6.40% and -7.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.86, while the 7-day volatility ratio is showing 5.61% which for the 30-day chart, stands at 6.35%. Furthermore, Microstrategy Inc (MSTR)’s beta value is 3.33, and its average true range (ATR) is 24.00.
A comparison of Microstrategy Inc (MSTR) with its peers suggests the former has fared considerably weaker in the market. MSTR showed an intraday change of 2.30% in last session, and over the past year, it grew by 405.66%%.
Data on historical trading for Microstrategy Inc (NASDAQ:MSTR) indicates that the trading volumes over the past 10 days have averaged 13.14 and over the past 3 months, they’ve averaged 26.11 million. According to company’s latest data on outstanding shares, there are 251.27 million shares outstanding.
Nearly 8.04% of Microstrategy Inc’s shares belong to company insiders and institutional investors own 42.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.47 million shares as on 2025-01-15, resulting in a short ratio of 1.1. According to the data, the short interest in Microstrategy Inc (MSTR) stood at 1081.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 23.79 million. The stock has risen by 12.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MSTR stock heading into the next quarter.
