Morgan Stanley (NYSE:MS) currently has a daily average trading volume of 6.27M but it saw 5631461 shares traded in last market. With a market cap of 165.38B USD, the company’s current market price of $101.76 came falling about -1.40 while comparing to the previous closing price of $103.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $109.11 and as low as $69.42.
Taking a look at 20-day trading activity of Morgan Stanley (MS) gives us an average price of $103.36, while its current price level is -6.74% below from 52-week high level whereas it is 46.59% 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 $99.86 while that of 200 days or SMA-200 reads an average of $89.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.01% during that period while stretching the period over a month that increases to 2.26%. 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 49.29 which implies that the stock is in neutral territory.
Keefe Bruyette downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on January 17, 2024 while assigning a price target range of $102-$91. JP Morgan also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $94 and $87.
Over the week, MS’s stock price is moving -1.74% down while it is 2.12% when we observe its performance for the past one month. Year-to-date it is 9.13% up and over the past year, the stock is showing an upside performance of 11.90%.
Currently, Morgan Stanley’s total number of outstanding shares is 1.63B. Company’s return on investment (ROI) stands at 2.66% and return on equity (ROE) at 10.36%. It has a price to earnings ratio (P/E ratio) of 16.77 while having a 13.31 of forward P/E ratio. Stock’s beta reads 1.37. Stock has a price to book (P/B) ratio of 1.79 while price to sale or P/S ratio amounts to 1.61. Its return on asset (ROA) is 0.88% on average.
