Morgan Stanley (NYSE:MS) currently has a daily average trading volume of 6.92M but it saw 7410129 shares traded in last market. With a market cap of 180.12B USD, the company’s current market price of $111.68 came falling about -2.04 while comparing to the previous closing price of $114.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $142.03 and as low as $85.01. In the recent trading on the day, stock has struck highest price mark of $111.225 while lowest mark touched by it was $114.8499.
Taking a look at 20-day trading activity of Morgan Stanley (MS) gives us an average price of $126.94, while its current price level is -21.37% below from 52-week high level whereas it is 31.37% 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 $130.96 while that of 200 days or SMA-200 reads an average of $114.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.76% during that period while stretching the period over a month that decreases to 3.28%. 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 27.92 which implies that the stock is in oversold 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 -6.44% down while it is -18.95% when we observe its performance for the past one month. Year-to-date it is -11.17% down and over the past year, the stock is showing an upside performance of 28.46%.
The company is expected to be releasing its next quarterly report on 2025-Jan-15, for which analysts forecasted an EPS of 2.29 while estimate for next year EPS is 8.69. In next quarter, company is expected to be making quarterly sales of $16.54B as analysts are expecting the sales for current fiscal year at $65.75B and seeing the company making $69.56B in sales next year. Moreover, analysts are in estimates of $16.88B for current-quarter revenue.
Currently, Morgan Stanley’s total number of outstanding shares is 1.61B with 23.64% of that held by the insiders while 62.01% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.41% and return on equity (ROE) at 13.16%. It has a price to earnings ratio (P/E ratio) of 14.06 while having a 11.68 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.89 while price to sale or P/S ratio amounts to 1.74. Its return on asset (ROA) is 1.11% on average.
