Investors Are Waking Up To Morgan Stanley (NYSE: MS) After Rising 31.09% Over The Past 12 Months

Morgan Stanley (NYSE:MS) currently has a daily average trading volume of 6.51M but it saw 8555492 shares traded in last market. With a market cap of 194.13B USD, the company’s current market price of $120.50 came falling about -0.45 while comparing to the previous closing price of $121.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $136.24 and as low as $83.09. In the recent trading on the day, stock has struck highest price mark of $120.33 while lowest mark touched by it was $124.78.

Taking a look at 20-day trading activity of Morgan Stanley (MS) gives us an average price of $129.29, while its current price level is -11.55% below from 52-week high level whereas it is 45.02% 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 $125.11 while that of 200 days or SMA-200 reads an average of $104.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.99% during that period while stretching the period over a month that decreases to 1.97%. 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 32.91 which implies that the stock is in neutral territory.

Wells Fargo upgraded its recommendation for the stock as a “Equal Weight” from “Underweight” on November 15, 2024 while assigning a price target of $142. HSBC Securities issued its recommendations for the stock as it upgraded the price target for the stock is $118.

Over the week, MS’s stock price is moving -5.79% down while it is -8.88% when we observe its performance for the past one month. Year-to-date it is 29.22% up and over the past year, the stock is showing an upside performance of 31.09%.

Currently, Morgan Stanley’s total number of outstanding shares is 1.61B. Company’s return on investment (ROI) stands at 2.66% and return on equity (ROE) at 11.04%. It has a price to earnings ratio (P/E ratio) of 18.32 while having a 14.99 of forward P/E ratio. Stock’s beta reads 1.36. Stock has a price to book (P/B) ratio of 2.07 while price to sale or P/S ratio amounts to 1.84. Its return on asset (ROA) is 0.92% on average.