MBIA Inc (NYSE: MBI) on Friday, plunged -5.02% from the previous trading day, before settling in for the closing price of $6.37. Within the past 52 weeks, MBI’s price has moved between $3.22 and $7.16.
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Annual sales at Financial sector company slipped by -36.23% over the past five years. The company achieved an average annual earnings per share of 0.29%. With a float of $43.94 million, this company’s outstanding shares have now reached $51.03 million.
Let’s look at the performance matrix of the company that is accounted for 61 employees. In terms of profitability, gross margin is 96.3%, operating margin of 1514.81%, and the pretax margin is 1959.26%.
MBIA Inc (MBI) Insider Updates
Observing investor behavior towards Insurance – Specialty industry stocks is more important than anything else. The insider ownership of MBIA Inc is 13.89%, while institutional ownership is 47.06%. The most recent insider transaction that took place on Jan 02 ’25, was worth 64,502. In this transaction Director of this company sold 9,570 shares at a rate of $6.74, taking the stock ownership to the 61,794 shares. Before that another transaction happened on Dec 30 ’24, when Company’s Director sold 11,261 for $6.13, making the entire transaction worth $69,030. This insider now owns 71,364 shares in total.
MBIA Inc (MBI) Performance Highlights and Predictions
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 0.29% per share during the next fiscal year.
MBIA Inc (NYSE: MBI) Trading Performance Indicators
MBIA Inc (MBI) is currently performing well based on its current performance indicators. A quick ratio of N/A was reported for the most recent quarter.
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)
MBIA Inc (NYSE: MBI) saw its 5-day average volume 0.32 million, a negative change from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 38.64%. Additionally, its Average True Range was 0.36.
During the past 100 days, MBIA Inc’s (MBI) raw stochastic average was set at 71.83%, which indicates a significant increase from 22.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.71% in the past 14 days, which was higher than the 64.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.16, while its 200-day Moving Average is $5.15. Nevertheless, the first resistance level for the watch stands at $6.32 in the near term. At $6.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.72. If the price goes on to break the first support level at $5.92, it is likely to go to the next support level at $5.78. Assuming the price breaks the second support level, the third support level stands at $5.52.
MBIA Inc (NYSE: MBI) Key Stats
Market capitalization of the company is 308.73 million based on 51,030K outstanding shares. Right now, sales total 7,000 K and income totals -487,000 K. The company made 29,000 K in profit during its latest quarter, and -56,000 K in sales during its previous quarter.
