Moody’s Corp.’s (MCO) Stock: A 2.23% Simple Moving Average for the Past 20 Days

The stock of Moody’s Corp. (MCO) has gone up by 3.56% for the week, with a 0.30% rise in the past month and a 9.94% rise in the past quarter. The volatility ratio for the week is 1.45%, and the volatility levels for the past 30 days are 1.53% for MCO. The simple moving average for the past 20 days is 2.23% for MCO’s stock, with a 15.71% simple moving average for the past 200 days.

Is It Worth Investing in Moody’s Corp. (NYSE: MCO) Right Now?

Moody’s Corp. (NYSE: MCO) has a price-to-earnings ratio of 47.99x that is above its average ratio. Additionally, the 36-month beta value for MCO is 1.28. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”

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The public float for MCO is 181.91M and currently, short sellers hold a 0.85% ratio of that float. The average trading volume of MCO on October 18, 2024 was 812.91K shares.

MCO) stock’s latest price update

Moody’s Corp. (NYSE: MCO)’s stock price has plunge by -0.80relation to previous closing price of 490.04. Nevertheless, the company has seen a 3.56% surge in its stock price over the last five trading sessions. zacks.com reported 2024-10-17 that Looking beyond Wall Street’s top -and-bottom-line estimate forecasts for Moody’s (MCO), delve into some of its key metrics to gain a deeper insight into the company’s potential performance for the quarter ended September 2024.

Analysts’ Opinion of MCO

Many brokerage firms have already submitted their reports for MCO stocks, with Evercore ISI repeating the rating for MCO by listing it as a “Outperform.” The predicted price for MCO in the upcoming period, according to Evercore ISI is $521 based on the research report published on October 02, 2024 of the current year 2024.

Wells Fargo gave a rating of “Overweight” to MCO, setting the target price at $510 in the report published on August 13th of the current year.

MCO Trading at 2.02% from the 50-Day Moving Average

After a stumble in the market that brought MCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.82% of loss for the given period.

Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.45%, as shares sank -0.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.77% upper at present.

During the last 5 trading sessions, MCO rose by +3.56%, which changed the moving average for the period of 200-days by +27.32% in comparison to the 20-day moving average, which settled at $475.49. In addition, Moody’s Corp. saw 24.46% 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 MCO starting from Tulenko Stephen T, who sale 500 shares at the price of $464.06 back on Aug 09 ’24. After this action, Tulenko Stephen T now owns 6,647 shares of Moody’s Corp., valued at $232,030 using the latest closing price.

Steele Richard G, the SVP – General Counsel of Moody’s Corp., sale 1,862 shares at $455.43 during a trade that took place back on Aug 08 ’24, which means that Steele Richard G is holding 1,040 shares at $848,001 based on the most recent closing price.

Stock Fundamentals for MCO

Current profitability levels for the company are sitting at:

  • 0.41 for the present operating margin
  • 0.68 for the gross margin

The net margin for Moody’s Corp. stands at 0.28. The total capital return value is set at 0.23. Equity return is now at value 53.68, with 12.51 for asset returns.

Based on Moody’s Corp. (MCO), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 1.87. The interest coverage ratio of the stock is 8.7.

Currently, EBITDA for the company is 2.61 billion with net debt to EBITDA at 1.49. When we switch over and look at the enterprise to sales, we see a ratio of 14.22. The receivables turnover for the company is 3.7for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.

Conclusion

In conclusion, Moody’s Corp. (MCO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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