In the past week, MQ stock has gone down by -0.89%, with a monthly decline of -6.81% and a quarterly plunge of -6.98%. The volatility ratio for the week is 2.76%, and the volatility levels for the last 30 days are 2.89% for Marqeta Inc The simple moving average for the past 20 days is -2.13% for MQ’s stock, with a -12.79% simple moving average for the past 200 days.
Is It Worth Investing in Marqeta Inc (NASDAQ: MQ) Right Now?
The 36-month beta value for MQ is at 1.78. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 5 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for MQ is 394.10M, and currently, shorts hold a 4.57% of that float. The average trading volume for MQ on September 25, 2024 was 4.14M shares.
MQ) stock’s latest price update
The stock price of Marqeta Inc (NASDAQ: MQ) has plunged by -2.25 when compared to previous closing price of 5.11, but the company has seen a -0.89% decline in its stock price over the last five trading sessions. pymnts.com reported 2024-09-23 that Card issuing platform Marqeta has a new chief artificial intelligence (AI) officer. Fouzi Husaini, a veteran of Amazon and Capital One, will play a key role in Marqeta’s efforts to scale its AI organization, the company announced Monday (Sept.
Analysts’ Opinion of MQ
Many brokerage firms have already submitted their reports for MQ stocks, with Wells Fargo repeating the rating for MQ by listing it as a “Overweight.” The predicted price for MQ in the upcoming period, according to Wells Fargo is $7 based on the research report published on June 25, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see MQ reach a price target of $5.50. The rating they have provided for MQ stocks is “Neutral” according to the report published on June 24th, 2024.
Monness Crespi & Hardt gave a rating of “Buy” to MQ, setting the target price at $8 in the report published on May 08th of the current year.
MQ Trading at -4.04% 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 -32.13% of loss for the given period.
Volatility was left at 2.89%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares sank -5.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.82% lower at present.
During the last 5 trading sessions, MQ fell by -0.69%, which changed the moving average for the period of 200-days by -18.88% in comparison to the 20-day moving average, which settled at $5.09. In addition, Marqeta Inc saw -28.44% 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 Cummings Martha, who sale 40,241 shares at the price of $5.47 back on Jun 25 ’24. After this action, Cummings Martha now owns 19,000 shares of Marqeta Inc, valued at $219,921 using the latest closing price.
Kern Randall F. sale 53,367 shares at $6.23 during a trade that took place back on Dec 04 ’23, which means that Kern Randall F. is holding 0 shares at $332,671 based on the most recent closing price.
Stock Fundamentals for MQ
Current profitability levels for the company are sitting at:
- -0.44 for the present operating margin
- 0.21 for the gross margin
The net margin for Marqeta Inc stands at -0.03. The total capital return value is set at -0.18. Equity return is now at value -0.98, with -0.77 for asset returns.
Based on Marqeta Inc (MQ), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 5.38. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -17.8.
Currently, EBITDA for the company is -185.6 million with net debt to EBITDA at 4.62. When we switch over and look at the enterprise to sales, we see a ratio of 3.47. The receivables turnover for the company is 5.27for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.77.
Conclusion
In conclusion, Marqeta Inc (MQ) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
