MoneyLion Inc. (NYSE:ML) went down by -7.97% from its latest closing price compared to the recent 1-year high of $12.90. The company’s stock price has collected -27.63% of loss in the last five trading sessions. Press Release reported on 11/16/21 that MoneyLion Acquires Leading Creator Network and Content Platform, MALKA Media
Is It Worth Investing in MoneyLion Inc. (NYSE :ML) Right Now?
Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for MoneyLion Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.00, which is $6.73 above the current price. Today, the average trading volume of ML was 1.11M shares.
ML’s Market Performance
ML stocks went down by -27.63% for the week, with a monthly drop of -27.75% and a quarterly performance of -57.04%, while its annual performance rate touched -56.83%. The volatility ratio for the week stands at 9.91% while the volatility levels for the past 30 days are set at 8.18% for MoneyLion Inc.. The simple moving average for the period of the last 20 days is -25.55% for ML stocks with a simple moving average of -54.06% for the last 200 days.
Analysts’ Opinion of ML
Many brokerage firms have already submitted their reports for ML stocks, with Cantor Fitzgerald repeating the rating for ML by listing it as a “Overweight.” The predicted price for ML in the upcoming period, according to Cantor Fitzgerald is $8 based on the research report published on November 22nd of the current year 2021.
Craig Hallum, on the other hand, stated in their research note that they expect to see ML reach a price target of $10. The rating they have provided for ML stocks is “Buy” according to the report published on November 08th, 2021.
ML Trading at -37.44% from the 50-Day Moving Average
After a stumble in the market that brought ML to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.90% of loss for the given period.
Volatility was left at 8.18%, however, over the last 30 days, the volatility rate increased by 9.91%, as shares sank -29.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.17% lower at present.
During the last 5 trading sessions, ML fell by -27.63%, which changed the moving average for the period of 200-days by -64.80% in comparison to the 20-day moving average, which settled at $5.65. In addition, MoneyLion Inc. saw -62.21% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ML
Equity return is now at value -1.10, with -1.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 4.24.