MoneyGram International Inc. (NASDAQ:MGI) currently has a daily average trading volume of 3.40M but it saw 2386646 shares traded on Wednesday. With a market cap of 1.07B USD, stock’s current market price of $10.97 came rising about 0.18 while comparing to the previous closing price of $10.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.97 and as low as $8.59. In the recent trading on the day, stock has struck highest price mark of $10.98 while lowest mark touched by it was $10.95.
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Taking a look at 20-day trading activity of MoneyGram International Inc. (MGI) gives us an average price of $10.62, while its current price level is 0.00% below from 52-week high level whereas it is 27.71% 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 $10.51 while that of 200 days or SMA-200 reads an average of $10.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.20% during that period while stretching the period over a month that increases to 3.16%. 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 61.87 which implies that the stock is in neutral territory.
MoneyGram International Inc. (MGI)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $11.00 and $11.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $11.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $11.00. Average price target assigned by them is $11.00 which highlights an upside potential of 0.27% for the stock over that period. And to attain the median price target of $11.00 assigned by those analysts, stock has to add about 0.27% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Over the week, MGI’s stock price is moving 0.18% up while it is 9.59% when we observe its performance for the past one month. Year-to-date it is 0.73% up and over the past year, the stock is showing an upside performance of 12.86%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.11 beaten by the consensus estimate of $0.16 for the same. The company is expected to be releasing its next quarterly report in 08/04/2023, for which analysts forecasted an EPS of $0.13 while estimate for next year EPS is $0.7. Moreover, analysts are in estimates of $353.66 million for current-quarter revenue.
Currently, MoneyGram International Inc.’s total number of outstanding shares is 97.20M with 4.23% of that held by the insiders while 91.61% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.70% and return on equity (ROE) at -20.70%. It has a price to earnings ratio (P/E ratio) of 32.26. Stock’s beta reads 1.01. Stock has a price to sale or P/S ratio amounts to 0.80. Its return on asset (ROA) is 0.80% on average.
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