Motorola Solutions Inc (NYSE:MSI) shares, rose in value on Friday, March 07, with the stock price down by -0.04% to the previous day’s close as strong demand from buyers drove the stock to $423.13.
Actively observing the price movement in the last trading, the stock closed the session at $423.31. The PE ratio was 45.89 over 12-month period. Referring to stock’s 52-week performance, its high was $507.82, and the low was $329.70. On the whole, MSI has fluctuated by -12.03% over the past month.
With the market capitalization of Motorola Solutions Inc currently standing at about $70.64 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 4.03, with its dividend yield at 0.95%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 11.43B, with a low estimate of 2.51B and a high estimate of 2.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.52B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MSI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell 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 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.98, with the price of MSI currently trading nearly -3.77% and -7.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.13, while the 7-day volatility ratio is showing 2.52% which for the 30-day chart, stands at 2.41%. Furthermore, Motorola Solutions Inc (MSI)’s beta value is 0.97, and its average true range (ATR) is 9.98.
A comparison of Motorola Solutions Inc (MSI) with its peers suggests the former has fared considerably weaker in the market. MSI showed an intraday change of -0.04% in last session, and over the past year, it grew by 27.52%%.
Data on historical trading for Motorola Solutions Inc (NYSE:MSI) indicates that the trading volumes over the past 3 months, they’ve averaged 870.70K. According to company’s latest data on outstanding shares, there are 167.10 million shares outstanding.
Nearly 0.46% of Motorola Solutions Inc’s shares belong to company insiders and institutional investors own 87.89% of the company’s shares. The stock has fallen by -8.46% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MSI stock heading into the next quarter.
