MSCI Inc (MSCI) At $505.76 Offering A Unique Opportunity

MSCI Inc (NYSE:MSCI) currently has a daily average trading volume of 447.73K but it saw 1421596 shares traded in last market. With a market cap of 40.07B USD, the company’s current market price of $505.76 came falling about -1.19 while comparing to the previous closing price of $511.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $617.39 and as low as $451.55.

Taking a look at 20-day trading activity of MSCI Inc (MSCI) gives us an average price of $539.62, while its current price level is -18.08% below from 52-week high level whereas it is 12.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $554.60 while that of 200 days or SMA-200 reads an average of $534.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.61% during that period while stretching the period over a month that decreases to 1.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.21 which implies that the stock is in neutral territory.

Redburn Atlantic downgraded its recommendation for the stock as a “Sell” from “Neutral” on February 20, 2024 while assigning a price target range of $620-$470.

Over the week, MSCI’s stock price is moving -5.38% down while it is -10.38% when we observe its performance for the past one month. Year-to-date it is -10.59% down and over the past year, the stock is showing a downside performance of -7.11%.

Currently, MSCI Inc’s total number of outstanding shares is 79.09M. Company’s return on investment (ROI) stands at 29.62%. It has a price to earnings ratio (P/E ratio) of 35.13 while having a 29.71 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to sale or P/S ratio amounts to 15.84. Its return on asset (ROA) is 21.85% on average.