Microstrategy Inc. (NASDAQ:MSTR) traded at $1065.03 at close of the session on Tuesday, April 30, made a downward move of -17.63% on its previous day’s price.
Looking at the stock we see that its previous close was $1292.97 . In terms of its 52-week price range, MSTR has a high of $1999.99 and a low of $266.00. The company’s stock has lost about -34.93% over that past 30 days.
Microstrategy Inc. has a market cap of $18.07 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.18, with the EPS growth for the year raised at $1.57 for 2024 and $2.24 for next year. These figures represent -94.30% and 42.70% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $121.02 million, with a low of $115.9 million and a high of $123.9 million. The median projection represents growth adding up to -3.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $501.04 million, or 1.00% 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% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is -23.09% off its SMA20 and -20.70% from its 50-day simple moving average. The RSI (14) is pointing at 37.22 while the volatility over the past week is 7.99% and jumps to 9.30% over the past one month. The beta value is 2.96, while the average true range (ATR) is currently pointing at 137.98.
Coming back to Microstrategy Inc. (NASDAQ:MSTR), we note that the average 3-month trading volume was 2.31 million. Current shares outstanding are 16.97 million.
The insiders hold 11.64% of the company’s shares while institutions hold 53.01%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 68.62% up in year-to-date price movement.
