Strategy (NASDAQ:MSTR) traded at $287.18 at close of the session on Friday, March 07 and made a downward move of -5.57% on its previous day’s price.
Strategy has a market cap of $74.14 billion and is expected to release its quarterly earnings report in April.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 116.66M, with a low of 111.93M and a high of 124.9M. The median projection represents growth squeezing down to 1.23% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 477.86M, or 3.11% up from figures reported last year.
On the other hand, looking at the outlook for the MSTR stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 6 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Strategy (MSTR) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -3.72% off its SMA20 and -11.82% from its 50-day simple moving average. The RSI (14) is pointing at 45.80 while the volatility over the past week is 15.65% and jumps to 9.34% over the past one month. The beta value is 3.52, while the average true range (ATR) is currently pointing at 29.02. The average price target for the stock over the next 12 months is $420, with the estimates having a low of $270 and a high of $570. These price ends are 5.98% and -98.48% off the current price level respectively, although investors could be excited at the prospect of a -46.25% if the MSTR share price touches on the median price of $420.
