Microstrategy Inc. (MSTR) concluded trading on Thursday at a closing price of $135.99, with 9.97 million shares of worth about $1.36 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 167.69% during that period and on August 08, 2024 the price saw a gain of about 9.07%. Currently the company’s common shares owned by public are about 177.40M shares, out of which, 157.60M shares are available for trading.
Stock saw a price change of -10.05% in past 5 days and over the past one month there was a price change of 4.15%. Year-to-date (YTD), MSTR shares are showing a performance of 115.30% which increased to 249.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.71 but also hit the highest price of $200.00 during that period. The average intraday trading volume for Microstrategy Inc. shares is 13.04 million. The stock is currently trading -13.10% below its 20-day simple moving average (SMA20), while that difference is down -10.45% for SMA50 and it goes to 28.23% higher than SMA200.
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Microstrategy Inc. (NASDAQ: MSTR) currently have 177.40M outstanding shares and institutions hold larger chunk of about 55.52% of that.
The stock has a current market capitalization of $24.12B and its 3Y-monthly beta is at 3.16. It has posted earnings per share of -$1.40 in the same period. It has Quick Ratio of 0.47 while making debt-to-equity ratio of 1.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MSTR, volatility over the week remained 15.30% while standing at 9.69% over the month.
Stock’s fiscal year EPS is expected to drop by -133.21% while it is estimated to increase by 57.95% in next year. EPS is likely to shrink at an annualized rate of 10.00% for next 5-years, compared to annual growth of 68.04% made by the stock over the past 5-years.
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 Maxim Group on June 25, 2024 offering a Buy rating for the stock and assigned a target price of $1835 to it. Coverage by Bernstein stated Microstrategy Inc. (MSTR) stock as an Outperform in their note to investors on June 14, 2024, suggesting a price target of $2890 for the stock. On February 27, 2024, The Benchmark Company Initiated their recommendations, while on December 11, 2023, BTIG Research Reiterated their ratings for the stock with a price target of $690. Stock get an Outperform rating from TD Cowen on July 26, 2023.
