Madison Square Garden Entertainment Corp (MSGE) average volume reaches $291.26K: Is Wall Street expecting a rally?

On Monday, Madison Square Garden Entertainment Corp (NYSE: MSGE) was 6.45%% up from the session before settling in for the closing price of $38.44. A 52-week range for MSGE has been $28.29 – $44.14.

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When this article was written, the company’s average yearly earnings per share was at -71.77%. With a float of $39.23 million, this company’s outstanding shares have now reached $40.55 million.

The firm has a total of 4700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 41.24%, operating margin of 14.62%, and the pretax margin is 8.48%.

Madison Square Garden Entertainment Corp (MSGE) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Madison Square Garden Entertainment Corp stocks. The insider ownership of Madison Square Garden Entertainment Corp is 17.34%, while institutional ownership is 84.14%. The most recent insider transaction that took place on Mar 10 ’25, was worth 2,078,598. In this transaction Member of 13(d) Group of this company sold 67,143 shares at a rate of $30.96, taking the stock ownership to the 6,015 shares. Before that another transaction happened on Mar 11 ’25, when Company’s Member of 13(d) Group sold 6,015 for $32.43, making the entire transaction worth $195,057. This insider now owns 0 shares in total.

Madison Square Garden Entertainment Corp (MSGE) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -71.77% per share during the next fiscal year.

Madison Square Garden Entertainment Corp (NYSE: MSGE) Trading Performance Indicators

You can see what Madison Square Garden Entertainment Corp (MSGE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99. Likewise, its price to free cash flow for the trailing twelve months is 16.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.73, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach 1.94 in one year’s time.

Technical Analysis of Madison Square Garden Entertainment Corp (MSGE)

Analysing the last 5-days average volume posted by the [Madison Square Garden Entertainment Corp, MSGE], we can find that recorded value of 0.42 million was better than the volume posted last year of 0.33 million. As of the previous 9 days, the stock’s Stochastic %D was 79.95%.

During the past 100 days, Madison Square Garden Entertainment Corp’s (MSGE) raw stochastic average was set at 97.53%, which indicates a significant increase from 93.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.45% in the past 14 days, which was lower than the 38.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.41, while its 200-day Moving Average is $36.66. Now, the first resistance to watch is $41.96. This is followed by the second major resistance level at $42.99. The third major resistance level sits at $44.75. If the price goes on to break the first support level at $39.17, it is likely to go to the next support level at $37.41. Should the price break the second support level, the third support level stands at $36.38.

Madison Square Garden Entertainment Corp (NYSE: MSGE) Key Stats

There are 40,593K outstanding shares of the company, which has a market capitalization of 1.94 billion. As of now, sales total 959,270 K while income totals 144,300 K. Its latest quarter income was 242,470 K while its last quarter net income were 8,040 K.

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