Company’s 36-month beta value is 2.74.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ML is 5.54M, and currently, short sellers hold a 11.25% ratio of that floaft. The average trading volume of ML on July 04, 2024 was 205.15K shares.
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ML) stock’s latest price update
The stock of MoneyLion Inc (NYSE: ML) has increased by 6.98 when compared to last closing price of 70.39.Despite this, the company has seen a gain of 7.30% in its stock price over the last five trading days. zacks.com reported 2024-06-25 that MoneyLion Inc. (ML) concluded the recent trading session at $73.02, signifying a +1.57% move from its prior day’s close.
ML’s Market Performance
MoneyLion Inc (ML) has seen a 7.30% rise in stock performance for the week, with a -19.99% decline in the past month and a 6.66% surge in the past quarter. The volatility ratio for the week is 6.47%, and the volatility levels for the past 30 days are at 6.69% for ML. The simple moving average for the past 20 days is -5.80% for ML’s stock, with a 38.51% simple moving average for the past 200 days.
Analysts’ Opinion of ML
Many brokerage firms have already submitted their reports for ML stocks, with Needham repeating the rating for ML by listing it as a “Buy.” The predicted price for ML in the upcoming period, according to Needham is $90 based on the research report published on April 03, 2024 of the current year 2024.
Lake Street, on the other hand, stated in their research note that they expect to see ML reach a price target of $75. The rating they have provided for ML stocks is “Buy” according to the report published on December 19th, 2023.
B. Riley Securities gave a rating of “Buy” to ML, setting the target price at $21 in the report published on July 27th of the previous year.
ML Trading at -5.39% 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 -29.51% of loss for the given period.
Volatility was left at 6.69%, however, over the last 30 days, the volatility rate increased by 6.47%, as shares sank -16.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.05% upper at present.
During the last 5 trading sessions, ML rose by +7.47%, which changed the moving average for the period of 200-days by +276.35% in comparison to the 20-day moving average, which settled at $79.22. In addition, MoneyLion Inc saw 20.11% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ML starting from Choubey Diwakar, who sale 22,738 shares at the price of $80.95 back on Jun 17 ’24. After this action, Choubey Diwakar now owns 754,160 shares of MoneyLion Inc, valued at $1,840,721 using the latest closing price.
Hong Timmie, the Chief Product Officer of MoneyLion Inc, sale 7,437 shares at $88.01 during a trade that took place back on Jun 13 ’24, which means that Hong Timmie is holding 119,482 shares at $654,563 based on the most recent closing price.
Stock Fundamentals for ML
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.54 for the gross margin
The net margin for MoneyLion Inc stands at -0.06. The total capital return value is set at 0.02. Equity return is now at value -10.74, with -5.29 for asset returns.
Based on MoneyLion Inc (ML), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.76. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 0.67.
Currently, EBITDA for the company is 19.48 million with net debt to EBITDA at 3.67. When we switch over and look at the enterprise to sales, we see a ratio of 2.03. The receivables turnover for the company is 1.91for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.90.
Conclusion
In a nutshell, MoneyLion Inc (ML) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
