Closing Figures: Moderna Inc (MRNA)’s Negative Finish at 142.55, Down -5.90

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After finishing at $151.49 in the prior trading day, Moderna Inc (NASDAQ: MRNA) closed at $142.55, down -5.90%. In other words, the price has decreased by -$5.90 from its previous closing price. On the day, 7.15 million shares were traded. MRNA stock price reached its highest trading level at $158.129 during the session, while it also had its lowest trading level at $140.75.

Ratios:

Our goal is to gain a better understanding of MRNA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.91 and its Current Ratio is at 4.03. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, HSBC Securities on February 26, 2024, Downgraded its rating to Reduce and sets its target price to $86 from $75 previously.

On January 02, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $142.

On November 29, 2023, Canaccord Genuity started tracking the stock assigning a Hold rating and target price of $82.Canaccord Genuity initiated its Hold rating on November 29, 2023, with a $82 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 29 ’24 when AFEYAN NOUBAR sold 20,000 shares for $145.08 per share. The transaction valued at 2,901,585 led to the insider holds 1,961,931 shares of the business.

Hoge Stephen sold 341 shares of MRNA for $49,276 on May 29 ’24. The President now owns 1,471,777 shares after completing the transaction at $144.50 per share. On May 29 ’24, another insider, Mock James M, who serves as the Chief Financial Officer of the company, sold 183 shares for $144.50 each. As a result, the insider received 26,444 and left with 5,871 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRNA now has a Market Capitalization of 54630862848 and an Enterprise Value of 47344824320. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.62 while its Price-to-Book (P/B) ratio in mrq is 4.26. Its current Enterprise Value per Revenue stands at 9.188 whereas that against EBITDA is -10.383.

Stock Price History:

Over the past 52 weeks, MRNA has reached a high of $170.47, while it has fallen to a 52-week low of $62.55. The 50-Day Moving Average of the stock is 20.44%, while the 200-Day Moving Average is calculated to be 41.45%.

Shares Statistics:

The stock has traded on average 4.01M shares per day over the past 3-months and 6055060 shares per day over the last 10 days, according to various share statistics. A total of 382.00M shares are outstanding, with a floating share count of 336.79M. Insiders hold about 12.12% of the company’s shares, while institutions hold 67.35% stake in the company. Shares short for MRNA as of 1715731200 were 21430188 with a Short Ratio of 5.35, compared to 1713139200 on 20981181. Therefore, it implies a Short% of Shares Outstanding of 21430188 and a Short% of Float of 7.359999999999999.

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