Morgan Stanley (NYSE: MS) on November 20, 2023, started off the session at the price of $80.03, plunging -0.72% from the previous trading day. During the day, the shares moved up to $80.199 and dropped to $79.34 before settling in for the closing price of $80.28. Within the past 52 weeks, MS’s price has moved between $69.42 and $100.99.
Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 8.84%. The company achieved an average annual earnings per share of -11.21%. With a float of $1.26 billion, this company’s outstanding shares have now reached $1.68 billion.
Considering the fact that the conglomerate employs 82427 people, you should pay attention to its efficiency factor.
Morgan Stanley (MS) Insider Activity
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Morgan Stanley is 23.04%, while institutional ownership is 62.30%. The most recent insider transaction that took place on Oct 05, was worth 6,750,000. In this transaction 10% Owner of this company sold 135 shares at a rate of $50000.00, taking the stock ownership to the 0 shares. Before that another transaction happened on Jul 24, when Company’s Chairman and CEO sold 125,000 for $95.19, making the entire transaction worth $11,898,812. This insider now owns 1,011,345 shares in total.
Morgan Stanley (MS) Earnings and Forecasts
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $1.26 earnings per share (EPS) for the period topping the consensus outlook (set at $1.17) by $0.09. This company achieved a net margin of +16.71 while generating a return on equity of 10.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 14.93% growth over the previous five years of trading.
Morgan Stanley (NYSE: MS) Trading Performance Indicators
Morgan Stanley (MS) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.58, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 6.67 in one year’s time.
Technical Analysis of Morgan Stanley (MS)
Compared to the last year’s volume of 7.7 million, its volume of 8.54 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 92.05%. Additionally, its Average True Range was 1.69.
During the past 100 days, Morgan Stanley’s (MS) raw stochastic average was set at 39.31%, which indicates a significant decrease from 92.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.72% in the past 14 days, which was higher than the 25.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $78.68, while its 200-day Moving Average is $85.74. Nevertheless, the first resistance level for the watch stands at $80.15 in the near term. At $80.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.01. If the price goes on to break the first support level at $79.29, it is likely to go to the next support level at $78.89. Should the price break the second support level, the third support level stands at $78.43.
Morgan Stanley (NYSE: MS) Key Stats
Market capitalization of the company is 130.81 billion based on 1,641,312K outstanding shares. Right now, sales total 53,668 M and income totals 11,029 M. The company made 13,273 M in profit during its latest quarter, and 2,408 M in sales during its previous quarter.