Market Momentum Report: MBIA Inc. (MBI)’s Negative Close at 4.38

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The price of MBIA Inc. (NYSE: MBI) closed at $4.38 in the last session, down -8.18% from day before closing price of $4.77. In other words, the price has decreased by -$8.18 from its previous closing price. On the day, 0.87 million shares were traded. MBI stock price reached its highest trading level at $4.815 during the session, while it also had its lowest trading level at $4.365.

Ratios:

We take a closer look at MBI’s different ratios to gain a better understanding of the stock.

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, ROTH MKM on December 08, 2023, Downgraded its rating to Neutral and sets its target price to $15 from $12 previously.

On April 21, 2023, Compass Point Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $14.

On November 28, 2022, Compass Point started tracking the stock assigning a Neutral rating and target price of $14.Compass Point initiated its Neutral rating on November 28, 2022, with a $14 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 13 ’24 when Shasta Theodore sold 21,405 shares for $5.52 per share. The transaction valued at 118,156 led to the insider holds 82,625 shares of the business.

VAUGHAN RICHARD C sold 3,000 shares of MBI for $18,240 on Dec 28 ’23. The Director now owns 85,184 shares after completing the transaction at $6.08 per share. On Dec 27 ’23, another insider, VAUGHAN RICHARD C, who serves as the Director of the company, sold 12,000 shares for $6.31 each. As a result, the insider received 75,720 and left with 88,184 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, MBI now has a Market Capitalization of 224591072 and an Enterprise Value of 3023591168. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.04. Its current Enterprise Value per Revenue stands at -1511.796.

Stock Price History:

Over the past 52 weeks, MBI has reached a high of $7.33, while it has fallen to a 52-week low of $2.65. The 50-Day Moving Average of the stock is -18.45%, while the 200-Day Moving Average is calculated to be -18.54%.

Shares Statistics:

According to the various share statistics, MBI traded on average about 485.65K shares per day over the past 3-months and 978980 shares per day over the past 10 days. A total of 50.86M shares are outstanding, with a floating share count of 43.95M. Insiders hold about 14.29% of the company’s shares, while institutions hold 61.20% stake in the company. Shares short for MBI as of 1721001600 were 1898343 with a Short Ratio of 3.91, compared to 1718323200 on 1775829. Therefore, it implies a Short% of Shares Outstanding of 1898343 and a Short% of Float of 4.29.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.85.

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