Marqeta Inc (NASDAQ:MQ) currently has a daily average trading volume of 5.89M but it saw 7555001 shares traded in last market. With a market cap of 1.99B USD, the company’s current market price of $3.96 came rising about 1.28 while comparing to the previous closing price of $3.91. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.36 and as low as $3.37. In the recent trading on the day, stock has struck highest price mark of $3.815 while lowest mark touched by it was $3.97.
Taking a look at 20-day trading activity of Marqeta Inc (MQ) gives us an average price of $4.84, while its current price level is -46.20% below from 52-week high level whereas it is 17.51% 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 $4.93 while that of 200 days or SMA-200 reads an average of $5.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.22% during that period while stretching the period over a month that decreases to 5.30%. 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 37.50 which implies that the stock is in neutral territory.
Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on November 05, 2024 while assigning a price target range of $7-$5.
Over the week, MQ’s stock price is moving 3.39% up while it is -23.26% when we observe its performance for the past one month. Year-to-date it is -43.27% down and over the past year, the stock is showing a downside performance of -36.94%.
Currently, Marqeta Inc’s total number of outstanding shares is 465.99M. Company’s return on investment (ROI) stands at 1.28% and return on equity (ROE) at 1.17%. It has a price to earnings ratio (P/E ratio) of 167.09. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 4.06. Its return on asset (ROA) is 0.92% on average.
