On Friday, MBIA Inc (NYSE: MBI) opened higher 6.84% from the last session, before settling in for the closing price of $6.58. Price fluctuations for MBI have ranged from $3.13 to $7.33 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Financial Sector giant saw their annual sales slid by -13.64% over the last five years. Company’s average yearly earnings per share was noted 28.75% at the time writing. With a float of $43.77 million, this company’s outstanding shares have now reached $50.86 million.
The firm has a total of 61 workers. Let’s measure their productivity. In terms of profitability, gross margin is 96.3%, operating margin of 1514.81%, and the pretax margin is 1959.26%.
MBIA Inc (MBI) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Insurance – Specialty industry is another important factor to consider. The insider ownership of MBIA Inc is 14.31%, while institutional ownership is 48.95%. The most recent insider transaction that took place on Nov 19 ’24, was worth 59,310. In this transaction Director of this company sold 9,000 shares at a rate of $6.59, taking the stock ownership to the 65,635 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Director sold 3,821 for $6.45, making the entire transaction worth $24,645. This insider now owns 61,814 shares in total.
MBIA Inc (MBI) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.18 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.02) by -0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -25.09% drop over the previous five years of trading.
MBIA Inc (NYSE: MBI) Trading Performance Indicators
Check out the current performance indicators for MBIA Inc (MBI). In the past quarter, the stock posted a quick ratio of N/A.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.07, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.54 in one year’s time.
Technical Analysis of MBIA Inc (MBI)
Analysing the last 5-days average volume posted by the [MBIA Inc, MBI], we can find that recorded value of 1.63 million was better than the volume posted last year of 0.49 million. As of the previous 9 days, the stock’s Stochastic %D was 93.04%. Additionally, its Average True Range was 0.35.
During the past 100 days, MBIA Inc’s (MBI) raw stochastic average was set at 98.96%, which indicates a significant increase from 98.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.12% in the past 14 days, which was higher than the 65.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.20, while its 200-day Moving Average is $5.18. Now, the first resistance to watch is $7.23. This is followed by the second major resistance level at $7.43. The third major resistance level sits at $7.79. If the price goes on to break the first support level at $6.67, it is likely to go to the next support level at $6.31. Now, if the price goes above the second support level, the third support stands at $6.11.
MBIA Inc (NYSE: MBI) Key Stats
There are currently 51,030K shares outstanding in the company with a market cap of 383.27 million. Presently, the company’s annual sales total 7,000 K according to its annual income of -487,000 K. Last quarter, the company’s sales amounted to 29,000 K and its income totaled -56,000 K.