$6.03M in average volume shows that Morgan Stanley (MS) is heading in the right direction

Morgan Stanley (NYSE: MS) on Monday, plunged -2.30% from the previous trading day, before settling in for the closing price of $121.06. Within the past 52 weeks, MS’s price has moved between $69.42 and $121.45.

During the last 5-year period, the sales growth of Financial Sector giant was 15.18%. The company achieved an average annual earnings per share of 40.55%. With a float of $1.24 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. In terms of profitability, gross margin is 26.26%, operating margin of 46.42%, and the pretax margin is 25.37%.

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 23.53%, while institutional ownership is 61.28%. The most recent insider transaction that took place on Oct 18 ’24, was worth 450,149. Before that another transaction happened on Oct 17 ’24, when Company’s Director sold 60,000 for $119.17, making the entire transaction worth $7,150,470. This insider now owns 138,363 shares in total.

Morgan Stanley (MS) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.85 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.01) by -0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 40.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.30% during the next five years compared to 1.84% 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 1.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.58, a number that is poised to hit 1.60 in the next quarter and is forecasted to reach 7.88 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 10.81 million, which is a jump from its year-to-date volume of 7.12 million. As of the previous 9 days, the stock’s Stochastic %D was 86.95%. Additionally, its Average True Range was 2.57.

During the past 100 days, Morgan Stanley’s (MS) raw stochastic average was set at 89.61%, which indicates a significant increase from 82.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.18% in the past 14 days, which was higher than the 24.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $103.67, while its 200-day Moving Average is $96.02. However, in the short run, Morgan Stanley’s stock first resistance to watch stands at $120.02. Second resistance stands at $121.76. The third major resistance level sits at $122.83. If the price goes on to break the first support level at $117.21, it is likely to go to the next support level at $116.14. Should the price break the second support level, the third support level stands at $114.40.

Morgan Stanley (NYSE: MS) Key Stats

Market capitalization of the company is 191.36 billion based on 1,625,163K outstanding shares. Right now, sales total 54,143 M and income totals 9,087 M. The company made 15,019 M in profit during its latest quarter, and 3,076 M in sales during its previous quarter.