A new trading day began on Tuesday, with Moelis & Co (NYSE: MC) stock price down -0.16% from the previous day of trading, before settling in for the closing price of $68.36. MC’s price has ranged from $38.58 to $70.00 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 5.32%. Meanwhile, its annual earnings per share averaged 629.37%. With a float of $70.12 million, this company’s outstanding shares have now reached $70.36 million.
Let’s determine the extent of company efficiency that accounts for 1161 employees. In terms of profitability, gross margin is 17.73%, operating margin of -0.36%, and the pretax margin is 1.81%.
Moelis & Co (MC) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Moelis & Co is 0.34%, while institutional ownership is 104.66%. The most recent insider transaction that took place on Jul 31 ’24, was worth 34,299. In this transaction Director of this company sold 495 shares at a rate of $69.29, taking the stock ownership to the 9,372 shares. Before that another transaction happened on Jul 30 ’24, when Company’s Chief Operating Officer sold 3,666 for $68.88, making the entire transaction worth $252,514. This insider now owns 0 shares in total.
Moelis & Co (MC) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.15 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 629.37% per share during the next fiscal year.
Moelis & Co (NYSE: MC) Trading Performance Indicators
Here are Moelis & Co’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.96. Likewise, its price to free cash flow for the trailing twelve months is 24.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.16, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 2.42 in one year’s time.
Technical Analysis of Moelis & Co (MC)
Looking closely at Moelis & Co (NYSE: MC), its last 5-days average volume was 0.62 million, which is a jump from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 96.03%. Additionally, its Average True Range was 1.86.
During the past 100 days, Moelis & Co’s (MC) raw stochastic average was set at 92.63%, which indicates a significant decrease from 96.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.47% in the past 14 days, which was lower than the 34.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.42, while its 200-day Moving Average is $55.45. However, in the short run, Moelis & Co’s stock first resistance to watch stands at $68.75. Second resistance stands at $69.24. The third major resistance level sits at $69.92. If the price goes on to break the first support level at $67.58, it is likely to go to the next support level at $66.90. Should the price break the second support level, the third support level stands at $66.41.
Moelis & Co (NYSE: MC) Key Stats
With a market capitalization of 4.80 billion, the company has a total of 74,787K Shares Outstanding. Currently, annual sales are 854,750 K while annual income is -24,700 K. The company’s previous quarter sales were 264,590 K while its latest quarter income was 13,160 K.
