MKS Instruments, Inc. (NASDAQ: MKSI) Now $63.44 Higher From Its Low (62.46), Does It Still Have A Growth Story?

money audit

MKS Instruments, Inc. (NASDAQ:MKSI) currently has a daily average trading volume of 984.91K but it saw 1898574 shares traded in last market. With a market cap of 8.46B USD, the company’s current market price of $125.90 came rising about 5.57 while comparing to the previous closing price of $119.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $147.40 and as low as $63.44.

Taking a look at 20-day trading activity of MKS Instruments, Inc. (MKSI) gives us an average price of $132.07, while its current price level is -14.59% below from 52-week high level whereas it is 98.46% 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 $131.30 while that of 200 days or SMA-200 reads an average of $111.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.78% during that period while stretching the period over a month that decreases to 3.84%. 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 46.05 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which initiated the stock as “Buy” in its note to investors issued on July 10, 2024, recommending a price target of $160 for it. The Benchmark Company issued its recommendations for the stock as it upgraded the price target for the stock is $125.

Over the week, MKSI’s stock price is moving 2.03% up while it is -2.77% when we observe its performance for the past one month. Year-to-date it is 22.39% up and over the past year, the stock is showing an upside performance of 15.32%.

Currently, MKS Instruments, Inc.’s total number of outstanding shares is 66.90M. Company’s return on investment (ROI) stands at -24.34% and return on equity (ROE) at -51.87%. It has a 16.81 of forward P/E ratio. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 3.49 while price to sale or P/S ratio amounts to 2.29. Its return on asset (ROA) is -17.57% on average.