Needham raised the price target for the MoneyLion Inc (NYSE:ML) stock to “a Buy”. The rating was released on April 03, 2024, according to finviz. The research report from B. Riley Securities has initiated the stock to Buy, with a price target set at $21. The stock was initiated by Loop Capital, who disclosed in a research note on June 27, 2022, to Buy and set the price objective to $5. In their research brief published November 22, 2021, Cantor Fitzgerald analysts initiated the MoneyLion Inc stock to Overweight with a price target of $8.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated 20.74% within the last five trades and 36.71% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 173.59% in the last 6 months and 80.22% was added to its value over the previous 3 months. ML stock is trading at a margin of 23.59%, 28.41% and 104.77% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, ML deals in the Technology domain. The stock is trading 7.86 percent below its 52-week high and 828.19 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 422.75. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does MoneyLion Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 2.04 percent and the profit margin is -5.83 percent, and the company has reported a gross margin of 40.83 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $1.01 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 25.19. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 2.25 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 3.74, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 45.66 percent of MoneyLion Inc shares are owned by insiders, and 28.73 percent are held by financial institutions. VanWagner Adam, the CLO and Secretary at MoneyLion Inc (ML) has sold 4,478 shares of firm on May 21 ’24 at a price of $84.59 against the total amount of $0.38 million. In another inside trade, Hong Timmie, Chief Product Officer of MoneyLion Inc (NYSE:ML) sold 3,515 shares of the firm on May 21 ’24 for a total worth of $0.3 million at a price of $84.00. An inside trade which took place on May 14 ’24, President, CFO and Treasurer of MoneyLion Inc Correia Richard sold 10,589 shares of firm against total price of $0.85 million at the cost of $80.53 per share.
