MOGU Inc. (NYSE:MOGU) does about 1.42M shares in volume on a normal day but saw 3973511 shares change hands in Friday trading. The company now has a market cap of 296.10M USD and an enterprise value of about $139.74M. Its current market price is $3.14, marking an increase of 15.02% compared to the previous close of $2.73. The 52 week high reached by this stock is $6.85 whilst the lowest price level in 52 weeks is $0.88. The script in recent trading has seen the stock touch a high of $3.43 and a low of $2.65.
MOGU Inc. (MOGU) has a 20-day trading average at $2.54 and the current price is -54.16% off the 52-week high compared with 256.66% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.62 and its 200-day simple moving average is $1.92. If we look at the stock’s price movements over the week, volatility stands at 25.68%, which decreases to 20.68% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 60.41 to suggest the stock is neutral.
1 analysts observing the MOGU Inc. (MOGU) stock have set the 12-month price targets for the company’s shares at between $22.79 and $22.79. The consensus objective for the share price is $3.20, suggesting that the stock has a potential upside of 1.88% over the period. The median price target is 86.22% away from the current levels at $22.79.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 17, 2020 when China Renaissance upgraded the stock to “Buy” and issued a price target of $3.40. Morgan Stanley downgraded the stock to “Underweight” from Equal-Weight on June 04, 2019 at a price target of. Morgan Stanley initiated its price target at $16.
The current price level is 25.57%, 21.28%, and 63.48% away from its SMA20, SMA50, and SMA200 respectively, with the MOGU price moving below the 50-day SMA on August 21. MOGU Inc. (MOGU) stock is up 44.70% over the week and 19.85% over the past month. Its price is 37.73% year-to-date and 6.08% over the past year.
The stock last released its quarterly earnings report for quarter ended 3/30/2020, with the company’s earnings per share (EPS) of -$0.1 above consensus estimates by $0.03. The company’s next earnings report is expected on 08/24/2020, with forecasts estimating quarterly EPS at -$0.06 and -$0.09 for whole year. MOGU’s earnings per share are forecast to grow by 86.80% this year and 200.00% over next year. Expected sales for next quarter are $26.57 million, which analysts say will come at $117.52 million for the current fiscal year and next year at $172.73 million. In addition, estimates put the company’s current quarterly revenue at an average of $22.38 million.
Its 12-month price target is $22.79. To reach the target analysts have set, the stock logically needs to grow 1.88 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $22.79, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $22.79.
Outstanding shares total 109.34M with insiders holding 6.83% of the shares and institutional holders owning 28.36% of the company’s common stock. The company has a return on investment of -104.60% and return on equity of -75.30%. The forward price to earnings ratio is 33.76. Price to book ratio is 1.20 and price to sales ratio is 2.45.
According to a U.S. Securities and Exchange Commission filing, Amplify International Online Reta has added its position in MOGU Inc. (MOGU) to 16,728 shares, mirroring a recent increase by 14.29%. Amplify International Online Reta added 2091.0 shares of MOGU Inc. common stock bringing its total worth to about $51020.0 at the end of recent close, SEC documents show.