Barclays Issues Equal Weight Rating for Marqeta Inc (MQ) Stock

Barclays has recently reduced Marqeta Inc (MQ) stock to Equal Weight rating, as announced on December 17, 2024, according to Finviz. Earlier, on November 5, 2024, William Blair had reduced the stock from a Outperform to Mkt Perform. Wells Fargo also reduced Equal Weight rating with a price target of $5. Additionally, Monness Crespi & Hardt reduced Neutral rating on November 5, 2024. KeyBanc Capital Markets analysts, in their report published on November 5, 2024, also reduced Sector Weight rating for Marqeta Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.

Marqeta Inc (MQ) Stock Trading Recap

On Thursday, Marqeta Inc (MQ) stock saw a decline, ending the day at $3.77 which represents a decrease of $-0.04 or -1.05% from the prior close of $3.81. The stock opened at $3.8 and touched a low of $3.76 during the day, reaching a high of $3.84. The volume of shares traded was 3.67 million falling short of the average volume of 7.41 million.


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MQ Stock Performance and Moving Averages

In recent trading, Marqeta Inc (MQ) stock price has shown some volatility, fluctuating -1.82% over the last five trades and -6.22% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -32.44%, and it has plunged by -25.79% in the previous three months. Currently, MQ is trading at 0.20%, -3.14%, and -24.19% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, MQ, a Technology sector stock, is trading -48.78% below its 52-week high but remains 11.87% above its 52-week low. The Average True Range (ATR) (14 days) of 0.16 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Marqeta Inc’s Profitability and Valuation Ratios

Marqeta Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of -34.57% and a profit margin of 2.86%, with a gross margin of -32.44%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Marqeta Inc’s market capitalization stands at $1.89 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 159.07, assessing the company’s valuation relative to its earnings. Additionally, the Price-to-Sales Ratio is 3.87, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.73, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 19.73% of Marqeta Inc (MQ)’s shares, while financial institutions hold 62.29%.

Notable insider trades include Cummings Martha, Director at Marqeta Inc (MQ), who sold 40241 shares on Jun 25 ’24, at $5.47 each, totaling $0.22 million.

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