Moody’s Corporation (NYSE:MCO) went up by 2.03% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Financial Data & Stock Exchanges giant went up by $283.65 to trade ended Monday trading at $278.01. This is up from the $278.01 price recorded on Thursday’s trading session. Thanks to this latest performance, MCO is closer to the higher price 52-week target of $305.00 and further from the lowest price target of $215.00. Its performance from the start of the year has also been positive, with MCO up by 19.48% year-to-date.
Moody’s Corporation (MCO) started the day trading at $282.2 and recorded an intraday high of $287.31. It also recorded an intraday low of $282.07 during Monday’s trading session. Moody’s Corporation is a very active stock that recorded a trading volume that is less than -35.7% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 684851, which is less than -35.7 of the total average daily trading volume of 929.34K.
Moody’s Corporation (NYSE:MCO) 2020 Performance Impressive
The increase in MCO’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of MCO currently stands at $287.25, which is higher than the current trading price of the stock by 1.25%. However, MCO’s current trading price is -72.76% lower than the 52-week low price of $164.19. In terms of trading volume, Moody’s Corporation currently experienced healthy participation during the last trading session. 684851 shares of Moody’s Corporation were traded on the stock exchange on Monday, which is less than -35.7% of the 929.34K average trading volume of the stock.
The performance of the stock has been positive over the past year. MCO’s performance over the past one year has seen it surge by 40.82%, while the stock has gone up by 17.64% in the last six months. The quarterly performance of MCO currently stands at 35.85%, and it is up by 2.76% in the last month. The only positive figure was from the weekly performance, which currently reads 5.45%. At the time of writing MCO’s report, the company has a total market cap of $53.26B, making it one of the largest publicly-traded companies in the world.Moody’s Corporation also has over 11363 employees all over the world.
MCO Insider Activities
For Moody’s Corporation, insiders hold 93.40% of all company shares. The insider transactions over the past six months are up by 13.00%. During that period, insiders bought 260,366 shares in 68 transactions. In that same period, insiders sold 235,432 of their shares in 82 transactions. After these transactions, insiders at Moody’s Corporation now hold 765.07k shares, which is over 94.57% of the total company stocks. Institutional investors currently hold a large chunk of the MCO shares, as they control 0.41% of the company’s total stock.
MCO Fundamental Analysis
For Moody’s Corporation, the stock’s diluted earnings per share (EPS) stands at 8.06. In the coming year, analysts expect the EPS to be 9.48. The EPS growth will up over the next five years to 8.20% after surging by 10.00% in the previous five years. In terms of revenue, Moody’s Corporation’s quarterly sales (YOY) is growing at 1.94, which is lower than the average annual revenue of 10.00% over the past half a decade.
The Return on Investment (ROI) on Moody’s Corporation’s stock currently stands at 26.10%, and it has a net profit margin of 30.90%. The operating margin of the company is 42.80%, and its gross margin is 72.20%.
MCO Analysts Prediction
Another analyst that has a Equal-Weight rating for MCO is Morgan Stanley, which set a price target of between $181 and $224. UBS reiterate their Buy position on the stock ($215 and $245)
At the moment, Moody’s Corporation’s Total Debt to Equity ratio stands at 11.66, and they have a long-term Debt to Equity ratio of 10.83.
MCO Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of MCO currently stands at 3.66%, while the SMA50 is 7.92%. The biggest one is the SMA200, which is currently reading 18.77% ahead of Monday’s trading session. The Relative Strength Index of this stock is 61.68, while its price to earnings ratio (P/E) is 35.18.
