Moelis & Co (MC) 20 Days SMA touches 5.86%: The odds favor the bear

On Monday, Moelis & Co (NYSE: MC) opened higher 3.37% from the last session, before settling in for the closing price of $75.05. Price fluctuations for MC have ranged from $44.53 to $81.60 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 surged by 5.32% over the last five years. Company’s average yearly earnings per share was noted 610.28% at the time writing. With a float of $70.35 million, this company’s outstanding shares have now reached $70.59 million.

The firm has a total of 1161 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.58%, operating margin of 3.31%, and the pretax margin is 5.59%.

Moelis & Co (MC) Insider Activity

A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Moelis & Co is 0.34%, while institutional ownership is 101.62%. The most recent insider transaction that took place on Nov 07 ’24, was worth 70,800. In this transaction Principal Accounting Officer of this company sold 885 shares at a rate of $80.00, taking the stock ownership to the 0 shares. Before that another transaction happened on Jul 31 ’24, when Company’s Director sold 495 for $69.29, making the entire transaction worth $34,299. This insider now owns 9,372 shares in total.

Moelis & Co (MC) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 610.28% per share during the next fiscal year.

Moelis & Co (NYSE: MC) Trading Performance Indicators

Check out the current performance indicators for Moelis & Co (MC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.16. Likewise, its price to free cash flow for the trailing twelve months is 30.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 2.35 in one year’s time.

Technical Analysis of Moelis & Co (MC)

Analysing the last 5-days average volume posted by the [Moelis & Co, MC], we can find that recorded value of 0.5 million was lower than the volume posted last year of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 52.95%. Additionally, its Average True Range was 2.35.

During the past 100 days, Moelis & Co’s (MC) raw stochastic average was set at 83.30%, which indicates a significant increase from 55.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.63% in the past 14 days, which was higher than the 42.33% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $70.65, while its 200-day Moving Average is $60.84. Now, the first resistance to watch is $78.58. This is followed by the second major resistance level at $79.59. The third major resistance level sits at $80.90. If the price goes on to break the first support level at $76.26, it is likely to go to the next support level at $74.95. Should the price break the second support level, the third support level stands at $73.94.

Moelis & Co (NYSE: MC) Key Stats

There are currently 74,918K shares outstanding in the company with a market cap of 5.98 billion. Presently, the company’s annual sales total 854,750 K according to its annual income of -24,700 K. Last quarter, the company’s sales amounted to 273,760 K and its income totaled 16,890 K.