Moderna Inc (MRNA) concluded trading on Wednesday at a closing price of $103.08, with 3.42 million shares of worth about $352.38 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.43% during that period and on March 20, 2024 the price saw a loss of about -1.93%. Currently the company’s common shares owned by public are about 382.00M shares, out of which, 335.46M shares are available for trading.
However, the stock later moved at a day high price of 113.70, or with a loss of -1.93%. Stock saw a price change of -3.22% in past 5 days and over the past one month there was a price change of 18.50%. Year-to-date (YTD), MRNA shares are showing a performance of 3.65% which decreased to -33.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $62.55 but also hit the highest price of $163.24 during that period. The average intraday trading volume for Moderna Inc shares is 4.60 million. The stock is currently trading 3.27% above its 20-day simple moving average (SMA20), while that difference is up 3.90% for SMA50 and it goes to 1.98% higher than SMA200.
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Moderna Inc (NASDAQ: MRNA) currently have 382.00M outstanding shares and institutions hold larger chunk of about 66.01% of that.
The stock has a current market capitalization of $39.38B and its 3Y-monthly beta is at 1.61. It has posted earnings per share of -$12.41 in the same period. It has Quick Ratio of 3.36 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MRNA, volatility over the week remained 3.74% while standing at 4.97% over the month.
Stock’s fiscal year EPS is expected to rise by 41.70% while it is estimated to increase by 27.46% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on February 26, 2024 offering a Reduce rating for the stock and assigned a target price range of between $75 and $86 to it. Coverage by Oppenheimer stated Moderna Inc (MRNA) stock as an Outperform in their note to investors on January 02, 2024, suggesting a price target of $142 for the stock. On November 29, 2023, Canaccord Genuity Initiated their recommendations, while on November 03, 2023, HSBC Securities Upgrade their ratings for the stock with a price target of $69. Stock get a Sell rating from Deutsche Bank on November 02, 2023.
