Morgan Stanley (NYSE:MS) currently has a daily average trading volume of 6.33M but it saw 5195423 shares traded in last market. With a market cap of 160.65B USD, the company’s current market price of $99.30 came falling about -0.54 while comparing to the previous closing price of $99.84. 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. In the recent trading on the day, stock has struck highest price mark of $99.25 while lowest mark touched by it was $101.0.
Taking a look at 20-day trading activity of Morgan Stanley (MS) gives us an average price of $99.87, while its current price level is -8.99% below from 52-week high level whereas it is 43.04% 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 $100.40 while that of 200 days or SMA-200 reads an average of $93.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.73% during that period while stretching the period over a month that increases to 2.01%. 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 49.83 which implies that the stock is in neutral territory.
Wells Fargo downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on August 02, 2024 while assigning a price target range of $99-$95.
Over the week, MS’s stock price is moving 2.34% up while it is -2.41% when we observe its performance for the past one month. Year-to-date it is 6.49% up and over the past year, the stock is showing an upside performance of 11.94%.
Currently, Morgan Stanley’s total number of outstanding shares is 1.63B. Company’s return on investment (ROI) stands at 2.61% and return on equity (ROE) at 10.36%. It has a price to earnings ratio (P/E ratio) of 16.35 while having a 13.04 of forward P/E ratio. Stock’s beta reads 1.36. Stock has a price to book (P/B) ratio of 1.75 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 0.88% on average.
