McAfee Corp. (NASDAQ:MCFE) went up by 1.30% from its latest closing price compared to the recent 1-year high of $28.23. The company’s stock price has collected 0.51% of gains in the last five trading sessions. Press Release reported on 09/21/21 that McAfee Redefines Security with First of Its Kind Consumer Protection Score and Launches Unified Experiences Across Platforms for Online Protection
Is It Worth Investing in McAfee Corp. (NASDAQ :MCFE) Right Now?
Opinions of the stock are interesting as 4 analysts out of 8 who provided ratings for McAfee Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $29.88, which is $7.49 above the current price. MCFE currently public float of 53.42M and currently shorts hold a 4.19% ratio of that float. Today, the average trading volume of MCFE was 1.47M shares.
MCFE’s Market Performance
MCFE stocks went up by 0.51% for the week, with a monthly drop of -18.62% and a quarterly performance of -9.87%. The volatility ratio for the week stands at 2.69% while the volatility levels for the past 30 days are set at 3.53% for McAfee Corp.. The simple moving average for the period of the last 20 days is -9.56% for MCFE stocks with a simple moving average of 6.14% for the last 200 days.
Analysts’ Opinion of MCFE
Many brokerage firms have already submitted their reports for MCFE stocks, with Goldman repeating the rating for MCFE by listing it as a “Neutral.” The predicted price for MCFE in the upcoming period, according to Goldman is $26 based on the research report published on September 22nd of the current year 2021.
UBS, on the other hand, stated in their research note that they expect to see MCFE reach a price target of $29, previously predicting the price at $27. The rating they have provided for MCFE stocks is “Neutral” according to the report published on September 07th, 2021.
Deutsche Bank gave a rating of “Buy” to MCFE, setting the target price at $23.50 in the report published on February 24th of the current year.
MCFE Trading at -9.73% from the 50-Day Moving Average
After a stumble in the market that brought MCFE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.45% of loss for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares sank -18.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.40% lower at present.
During the last 5 trading sessions, MCFE rose by +0.51%, which changed the moving average for the period of 200-days by +45.06% in comparison to the 20-day moving average, which settled at $23.95. In addition, McAfee Corp. saw 53.21% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at MCFE starting from TPG Group Holdings (SBS) Advis, who sale 6,473,440 shares at the price of $21.71 back on Sep 14. After this action, TPG Group Holdings (SBS) Advis now owns 60,172,786 shares of McAfee Corp., valued at $140,554,566 using the latest closing price.
GIC Private Ltd, the 10% Owner of McAfee Corp., sale 1,344,898 shares at $22.50 during a trade that took place back on Sep 14, which means that GIC Private Ltd is holding 24,525,068 shares at $30,260,205 based on the most recent closing price.
Stock Fundamentals for MCFE
Equity return is now at value 1.30, with -1.50 for asset returns.