Moelis & Co (NYSE:MC) currently has a daily average trading volume of 620.29K but it saw 2133144 shares traded in last market. With a market cap of 6.17B USD, the company’s current market price of $80.49 came rising about 18.37 while comparing to the previous closing price of $68.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $72.80 and as low as $40.88. In the recent trading on the day, stock has struck highest price mark of $74.68 while lowest mark touched by it was $80.61.
Taking a look at 20-day trading activity of Moelis & Co (MC) gives us an average price of $69.12, while its current price level is 10.56% below from 52-week high level whereas it is 96.89% 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 $67.94 while that of 200 days or SMA-200 reads an average of $59.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.47% during that period while stretching the period over a month that decreases to 2.73%. 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 75.14 which implies that the stock is in overbought 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 Wells Fargo which initiated the stock as “Equal Weight” in its note to investors issued on September 12, 2024, recommending a price target of $70 for it. Goldman upgraded its recommendation for the stock as a “Neutral” from “Sell” on March 13, 2024 while assigning a price target range of $53-$58. Keefe Bruyette issued its recommendations for the stock as it resumed the price target for the stock is $56.
Over the week, MC’s stock price is moving 20.35% up while it is 19.74% when we observe its performance for the past one month. Year-to-date it is 43.40% up and over the past year, the stock is showing an upside performance of 88.19%.
Currently, Moelis & Co’s total number of outstanding shares is 70.59M. Company’s return on investment (ROI) stands at 7.14% and return on equity (ROE) at 11.15%. It has a price to earnings ratio (P/E ratio) of 151.38 while having a 34.27 of forward P/E ratio. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 15.46 while price to sale or P/S ratio amounts to 6.36. Its return on asset (ROA) is 3.60% on average.
