Investors Cash In On Morgan Stanley’s 0.96% Gain

Morgan Stanley (NYSE:MS) price is hovering higher on Monday, April 15, jumping 0.96% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $86.19. The company’s P/E ratio in the trailing 12-month period read 16.82. Taking into account the 52-week price action we note that the stock hit a 52-week high of $95.57 and 52-week low of $69.42. The stock subtracted -2.33% on its value in the past month.

Morgan Stanley, which has a market valuation of $142.30 billion. The company stock has a Forward Dividend ratio of 3.32, while the dividend yield is 3.82%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give MS a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.10. The overview shows that MS’s price is at present -4.77% off the SMA20 and -1.59% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 40.13, with weekly volatility standing at 2.91%. The indicator jumps to 2.09% when calculated based on the past 30 days. Morgan Stanley (NYSE:MS)’s beta value is holding at 1.42, while the average true range (ATR) indicator is currently reading 2.22.

An analysis of the Morgan Stanley (NYSE:MS) stock in terms of its daily trading volume indicates that the 3-month average is 8.99 million.

Current records show that the company has 1.63B in outstanding shares. The insiders’ percentage holdings are 23.35% of outstanding shares while the percentage share held by institutions stands at 62.48%. But the -6.68% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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