Microstrategy Inc (NASDAQ:MSTR) does about 20.13M shares in volume on a normal day but saw 55428805 shares change hands in the recent trading day. The company now has a market cap of 100.66B USD. Its current market price is $421.88, marking an increase of 6.19% compared to the previous close of $397.28. The 52 week high reached by this stock is $543.00 whilst the lowest price level in 52 weeks is $43.87. The script in recent trading has seen the stock touch a high of $570 and a low of $110.
Microstrategy Inc (MSTR) has a 20-day trading average at $314.33 and the current price is -22.31% off the 52-week high compared with 861.57% distance from its 52-week low. The 50-day simple moving average of the closing price is $233.87 and its 200-day simple moving average is $162.01. If we look at the stock’s price movements over the week, volatility stands at 20.80%, which decreases to 12.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.21 to suggest the stock is neutral.
6 analysts observing the Microstrategy Inc (MSTR) stock have set the 12-month price targets for the company’s shares at between $110 and $570. The consensus objective for the share price is $398.78, suggesting that the stock has a potential downside of -5.79% over the period. The median price target is -56.25% away from the current levels at $270.
FactSet Research has provided data showing that 6 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 5 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 31, 2024 when Maxim Group reiterated the stock to “Buy” and issued a price target of between $193 and $270. Cantor Fitzgerald initiated its price target at $194.
The current price level is 34.22%, 80.39%, and 160.40% away from its SMA20, SMA50, and SMA200 respectively, with the MSTR price moving above the 50-day SMA on current market day. Microstrategy Inc (MSTR) stock is up 23.85% over the week and 78.85% over the past month. Its price is 567.93% year-to-date and 730.67% over the past year.
Its 12-month price target is $270. To reach the target analysts have set, the stock logically needs to shrink -5.79 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $110, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $570.
Outstanding shares total 202.64M with insiders holding 0.25% of the shares and institutional holders owning 51.94% of the company’s common stock. The company has a return on investment of -5.06% and return on equity of -17.63%. The forward price to earnings ratio is 36.42. The beta has a value of 3.17. Price to book ratio is 22.65 and price to sales ratio is 215.42.
