The Morgan Stanley (NYSE:MS) is going down by -3.69% in today’s trading session, a fall equivalent to -1.5% of the stock’s price from yesterday’s market close. A news came out on 08/08/19 stating that Banks hand over documents on Russians possibly linked to Trump by MARKETWATCH. The lowest point that the shares touched during the trading session was $40.08, while the peak of the day was recorded at a share price of $41.33. MS finished the previous session at $40.69 according to the data provided by Barchart, while the trading volume was observed to be $6,611,797.
In the 100 days of trading, MS managed to top a 44.06% Moving average. Additionally, Morgan Stanley shares have achieved a 52-week range between 36.74 and 50.42 alongside 100 days raw stochastic set at 2.75%.
The number of shares outstanding, according to the fundamentals of the company, is set at 1.64B, equal to the value of $66.88B in market capitalization. Financial analysts indicate that MS shares should be still ranked as a “Outperform”. In the last 30 days, Morgan Stanley shares went down by -14.57%, adding 45.77 to growth in value, on top of a +0.70% boost since 07/12/19.
Morgan Stanley (NYSE:MS) Analyst’s Estimates
Morgan Stanley (MS) could record at least $1.21 per share in quarterly earnings in the upcoming report on 10/15/2019, a number that would actually represent an increase of 6.80% YOY.
According to the average analyst rating, Morgan Stanley would be rated as 1.89. Out of 27 different analysts monitoring MS stock, 11 analysts rate the stock as a BUY, 6 suggest to give the rating of HOLD, 9 indicate that MS is an OUTPERFORM, 0 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERPERFORM.
On Jul-12-19, the stock earned a Upgrade rating due to a new analyst call from Citigroup, while analysts from Citigroup believe that the stock is set at Neutral from Buy, as concluded on Apr-18-19. Societe Generale, is still rather wary about the stock, deciding to keep the rating at Sell as confirmed through a call on Feb-01-19.
Barclays, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-02-19, giving the stock a Equal Weight rating.
MS Key Ratios To Watch:
Taking in account the profitability of the Company, the operating margin has been recorded at +22.68. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 1.03%. Beta value of the stock is recorded at 1.32. Additionally, Morgan Stanley is recording price volatility of 2.58% for the period of the last seven days and 2.18% in the last 30 days.
Morgan Stanley (NYSE:MS) Technical Outlook
For the period of the last 50 days, Morgan Stanley had its Raw Stochastic average set at 3.89% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 3.89%. Stochastic %K for Morgan Stanley, with the last 20 days included, was set at 12.46%, having Stochastic %D topping 19.78%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Morgan Stanley stocks with recording -15.91% in metrics.
Morgan Stanley Insider Watch:
As far as the position of shares issued by Morgan Stanley (NYSE:MS) for the period concluded at the market close of 08/13/19, 448 institutional investors increased their positions in MS shares by 62,212,401, 480 decreased positions by 81,390,391 and 171 institutional investors decided to hold positions at 1,268,958,647. These numbers put the complete list of institutional holdings set at 1,412,561,439 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 84 institutional investments with 11,234,379 new shares in addition to having 80 institutional investors selling their positions in 4,421,969 shares.