Morgan Stanley (NYSE:MS) shares, rose in value on Friday, April 26, with the stock price up by 0.15% to the previous day’s close as strong demand from buyers drove the stock to $92.70.
Actively observing the price movement in the recent trading, the stock is buoying the session at $92.56. The PE ratio was 16.89 over 12-month period. Referring to stock’s 52-week performance, its high was $95.57, and the low was $69.42. On the whole, MS has fluctuated by -0.85% over the past month.
The company’s Forward Dividend Ratio is 3.32, with its dividend yield at 3.59%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 57.93B, with a low estimate of 13.78B and a high estimate of 14.75B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14.29B.
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 100% 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 PEG ratio is about 2.11, with the price of MS currently trading nearly 1.34% and 3.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.37, while the 7-day volatility ratio is showing 1.78% which for the 30-day chart, stands at 2.25%. Furthermore, Morgan Stanley (MS)’s beta value is 1.39, and its average true range (ATR) is 2.05.
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 0.15% in today’s session so far, and over the past year, it grew by 4.82%%.
Data on historical trading for Morgan Stanley (NYSE:MS) indicates that the trading volumes over the past 3 months, they’ve averaged 8.35 million. According to company’s latest data on outstanding shares, there are 1.63 billion shares outstanding.
Nearly 23.34% of Morgan Stanley’s shares belong to company insiders and institutional investors own 62.74% of the company’s shares. The stock has fallen by -0.59% 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.
