Morgan Stanley (NYSE:MS) shares, rose in value, with the stock price down by -1.32% to the previous day’s close as strong demand from buyers drove the stock to $127.51.
Actively observing the price movement in the last trading, the stock closed the session at $129.21. The PE ratio was 14.96 over 12-month period. Referring to stock’s 52-week performance, its high was $142.03, and the low was $90.94. On the whole, MS has fluctuated by 10.08% over the past month.
With the market capitalization of Morgan Stanley currently standing at about $204.57 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.70, with its dividend yield at 2.90%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 65.59B, with a low estimate of 15.67B and a high estimate of 16.58B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 16.15B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.83, with the price of MS currently trading nearly 2.03% and 8.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.94, while the 7-day volatility ratio is showing 1.60% which for the 30-day chart, stands at 1.75%. Furthermore, Morgan Stanley (MS)’s beta value is 1.30, and its average true range (ATR) is 3.45.
A comparison of Morgan Stanley (MS) with its peers suggests the former has fared considerably weaker in the market. MS showed an intraday change of -1.32% in last session, and over the past year, it grew by 28.90%%.
Data on historical trading for Morgan Stanley (NYSE:MS) indicates that the trading volumes over the past 3 months, they’ve averaged 8.05 million. According to company’s latest data on outstanding shares, there are 1.61 billion shares outstanding.
Nearly 23.60% of Morgan Stanley’s shares belong to company insiders and institutional investors own 62.47% of the company’s shares. The stock has risen by 1.42% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MS stock heading into the next quarter.
