$8.71M in average volume shows that Morgan Stanley (MS) is heading in the right direction

On Friday, Morgan Stanley (NYSE: MS) was 0.44% up from the session before settling in for the closing price of $90.26. A 52-week range for MS has been $69.42 – $95.57.

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During the last 5-year period, the sales growth of Financial Sector giant was 15.18%. When this article was written, the company’s average yearly earnings per share was at 30.78%. With a float of $1.25 billion, this company’s outstanding shares have now reached $1.63 billion.

Let’s determine the extent of company efficiency that accounts for 80000 employees.

Morgan Stanley (MS) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Morgan Stanley stocks. The insider ownership of Morgan Stanley is 23.35%, while institutional ownership is 62.47%. The most recent insider transaction that took place on Apr 18 ’24, was worth 9,020,530. In this transaction Executive Chairman of this company sold 100,000 shares at a rate of $90.21, taking the stock ownership to the 414,870 shares. Before that another transaction happened on Apr 17 ’24, when Company’s Chief Risk Officer sold 11,200 for $90.09, making the entire transaction worth $1,009,019. This insider now owns 126,190 shares in total.

Morgan Stanley (MS) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2,248.90 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 30.78% 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 1.84% growth over the previous five years of trading.

Morgan Stanley (NYSE: MS) Trading Performance Indicators

You can see what Morgan Stanley (MS) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49. Likewise, its price to free cash flow for the trailing twelve months is 16.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.49, a number that is poised to hit 1.66 in the next quarter and is forecasted to reach 7.52 in one year’s time.

Technical Analysis of Morgan Stanley (MS)

Looking closely at Morgan Stanley (NYSE: MS), its last 5-days average volume was 10.46 million, which is a jump from its year-to-date volume of 8.9 million. As of the previous 9 days, the stock’s Stochastic %D was 58.31%. Additionally, its Average True Range was 2.25.

During the past 100 days, Morgan Stanley’s (MS) raw stochastic average was set at 77.86%, which indicates a significant increase from 58.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.04% in the past 14 days, which was higher than the 25.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $88.73, while its 200-day Moving Average is $85.36. However, in the short run, Morgan Stanley’s stock first resistance to watch stands at $91.40. Second resistance stands at $92.14. The third major resistance level sits at $92.66. If the price goes on to break the first support level at $90.14, it is likely to go to the next support level at $89.62. Should the price break the second support level, the third support level stands at $88.88.

Morgan Stanley (NYSE: MS) Key Stats

There are 1,626,632K outstanding shares of the company, which has a market capitalization of 148.25 billion. As of now, sales total 54,143 M while income totals 9,087 M. Its latest quarter income was 12,896 M while its last quarter net income were 1,517 M.