There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
The average price predicted by analysts for MQ is $6.25, which is $1.65 above the current price. The public float for MQ is 471.03M and currently, short sellers hold a 4.36% ratio of that float. The average trading volume of MQ on May 26, 2023 was 7.05M shares.
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MQ) stock’s latest price update
The stock price of Marqeta Inc. (NASDAQ: MQ) has surged by 3.38 when compared to previous closing price of 4.69, but the company has seen a 8.23% gain in its stock price over the last five trading sessions. Barron’s reported on 08/11/22 that Marqeta Stock Is Sinking. The CEO Is Stepping Down.
MQ’s Market Performance
MQ’s stock has risen by 8.23% in the past week, with a monthly rise of 19.42% and a quarterly drop of -14.79%. The volatility ratio for the week is 5.26% while the volatility levels for the last 30 days are 5.98% for Marqeta Inc. The simple moving average for the past 20 days is 10.61% for MQ’s stock, with a -20.64% simple moving average for the past 200 days.
MQ Trading at 14.20% from the 50-Day Moving Average
After a stumble in the market that brought MQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.78% of loss for the given period.
Volatility was left at 5.98%, however, over the last 30 days, the volatility rate increased by 5.26%, as shares surge +19.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.21% upper at present.
During the last 5 trading sessions, MQ rose by +8.04%, which changed the moving average for the period of 200-days by -56.20% in comparison to the 20-day moving average, which settled at $4.42. In addition, Marqeta Inc. saw -20.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MQ starting from Atkinson Najuma, who purchase 1,048 shares at the price of $4.77 back on May 22. After this action, Atkinson Najuma now owns 1,048 shares of Marqeta Inc., valued at $5,000 using the latest closing price.
Linville Judson C, the Director of Marqeta Inc., purchase 44,650 shares at $4.46 during a trade that took place back on May 17, which means that Linville Judson C is holding 44,650 shares at $199,228 based on the most recent closing price.
Stock Fundamentals for MQ
Current profitability levels for the company are sitting at:
- -27.85 for the present operating margin
- -13.22 for the gross margin
The net margin for Marqeta Inc. stands at -24.70. The total capital return value is set at -13.56, while invested capital returns managed to touch -12.05. Equity return is now at value -13.00, with -10.90 for asset returns.
Based on Marqeta Inc. (MQ), the company’s capital structure generated 0.84 points at debt to equity in total, while total debt to capital is 0.84. Total debt to assets is 0.70, with long-term debt to equity ratio resting at 0.61. Finally, the long-term debt to capital ratio is 0.61.
When we switch over and look at the enterprise to sales, we see a ratio of 1.19, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 10.95 and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.17.
Conclusion
In conclusion, Marqeta Inc. (MQ) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
