MoneyGram International Inc. (NASDAQ: MGI) kicked off on August 04, 2022, at the price of $10.31, down -0.87% from the previous trading day. During the day, the shares moved up to $10.34 and dropped to $10.20 before settling in for the closing price of $10.31. Over the past 52 weeks, MGI has traded in a range of $5.06-$10.87.
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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -4.70%. While this was happening, its average annual earnings per share was recorded -316.10%. With a float of $89.23 million, this company’s outstanding shares have now reached $95.70 million.
The extent of productivity of a business whose workforce counts for 3072 workers is very important to gauge. In terms of profitability, gross margin is +42.26, operating margin of +8.04, and the pretax margin is -3.40.
MoneyGram International Inc. (MGI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Credit Services Industry. The insider ownership of MoneyGram International Inc. is 6.00%, while institutional ownership is 85.20%. The most recent insider transaction that took place on Mar 07, was worth 94,163. In this transaction Chief Readiness Officer of this company sold 8,825 shares at a rate of $10.67, taking the stock ownership to the 265,137 shares. Before that another transaction happened on Mar 07, when Company’s Chief Compliance Officer sold 13,804 for $10.66, making the entire transaction worth $147,151. This insider now owns 516,440 shares in total.
MoneyGram International Inc. (MGI) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported $0.09 earnings per share (EPS), lower than consensus estimate (set at $0.1) by -$0.01. This company achieved a net margin of -2.95. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -316.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.50% during the next five years compared to -30.30% drop over the previous five years of trading.
MoneyGram International Inc. (NASDAQ: MGI) Trading Performance Indicators
Take a look at MoneyGram International Inc.’s (MGI) current performance indicators. Last quarter, stock had a price to sales ratio for the trailing twelve months stands at 0.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.20, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.79 in one year’s time.
Technical Analysis of MoneyGram International Inc. (MGI)
The latest stats from [MoneyGram International Inc., MGI] show that its last 5-days average volume of 0.64 million was inferior to 3.17 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.25%. Additionally, its Average True Range was 0.14.
During the past 100 days, MoneyGram International Inc.’s (MGI) raw stochastic average was set at 66.03%, which indicates a significant increase from 53.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.59% in the past 14 days, which was lower than the 18.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.04, while its 200-day Moving Average is $9.05. Now, the first resistance to watch is $10.31. This is followed by the second major resistance level at $10.39. The third major resistance level sits at $10.45. If the price goes on to break the first support level at $10.17, it is likely to go to the next support level at $10.11. Assuming the price breaks the second support level, the third support level stands at $10.03.
MoneyGram International Inc. (NASDAQ: MGI) Key Stats
The company with the Market Capitalisation of 984.90 million has total of 96,278K Shares Outstanding. Its annual sales at the moment are 1,284 M in contrast with the sum of -37,900 K annual income. Company’s last quarter sales were recorded 307,600 K and last quarter income was 5,100 K.