MoneyGram International Inc. (NASDAQ:MGI) went down by -22.91% from its latest closing price compared to the recent 1-year high of $11.70. The company’s stock price has collected -8.42% of loss in the last five trading sessions. Press Release reported 17 hours ago that MoneyGram International Reports Fourth Quarter and Full-Year 2020 Financial Results
Is It Worth Investing in MoneyGram International Inc. (NASDAQ :MGI) Right Now?
Plus, the 36-month beta value for MGI is at 1.94. Opinions of the stock are interesting as 1 analysts out of 6 who provided ratings for MoneyGram International Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $6.33, which is -$2.05 below the current price. MGI currently public float of 68.09M and currently shorts hold a 6.23% ratio of that float. Today, the average trading volume of MGI was 3.61M shares.
MGI’s Market Performance
MGI stocks went down by -8.42% for the week, with a monthly jump of 39.09% and a quarterly performance of 15.19%, while its annual performance rate touched 216.23%. The volatility ratio for the week stands at 12.71% while the volatility levels for the past 30 days are set at 12.57% for MoneyGram International Inc.. The simple moving average for the period of the last 20 days is -1.92% for MGI stocks with a simple moving average of 82.62% for the last 200 days.
Analysts’ Opinion of MGI
Many brokerage firms have already submitted their reports for MGI stocks, with Northland Capital repeating the rating for MGI by listing it as a “Outperform.” The predicted price for MGI in the upcoming period, according to Northland Capital is $9.50 based on the research report published on January 11th of the current year 2021.
Evercore ISI, on the other hand, stated in their research note that they expect to see MGI reach a price target of $3. The rating they have provided for MGI stocks is “In-line” according to the report published on August 03rd, 2020.
Northland Capital gave a rating of “Market Perform” to MGI, setting the target price at $1 in the report published on March 24th of the previous year.
MGI Trading at 16.38% from the 50-Day Moving Average
After a stumble in the market that brought MGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.38% of loss for the given period.
Volatility was left at 12.57%, however, over the last 30 days, the volatility rate increased by 12.71%, as shares surge +29.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.35% upper at present.
During the last 5 trading sessions, MGI fell by -8.42%, which changed the moving average for the period of 200-days by +454.97% in comparison to the 20-day moving average, which settled at $8.64. In addition, MoneyGram International Inc. saw 53.34% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MGI
Current profitability levels for the company are sitting at:
- -1.02 for the present operating margin
- +42.73 for the gross margin
The net margin for MoneyGram International Inc. stands at -4.69. The total capital return value is set at -2.02, while invested capital returns managed to touch -10.53. Equity return is now at value 6.70, with -0.60 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 0.85, with the company’s debt to enterprise value settled at 0.83. The receivables turnover for the company is 82.91 and the total asset turnover is 0.30.