Stock Surge: Moderna Inc (MRNA) Closes at 81.66, Marking a -0.95 Increase/Decrease

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Moderna Inc (NASDAQ: MRNA) closed at $81.66 down -0.95% from its previous closing price of $82.44. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 2.29 million shares were traded. MRNA stock price reached its highest trading level at $83.6738 during the session, while it also had its lowest trading level at $81.26.

Ratios:

For a deeper understanding of Moderna Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.92 and its Current Ratio is at 4.09. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.

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, Deutsche Bank on August 07, 2024, Upgraded its rating to Hold and sets its target price to $80 from $85 previously.

On August 05, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $125 to $90.

HSBC Securities Downgraded its Hold to Reduce on February 26, 2024, whereas the target price for the stock was revised from $75 to $86.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 12 ’24 when Hoge Stephen sold 254 shares for $84.10 per share. The transaction valued at 21,363 led to the insider holds 1,442,357 shares of the business.

Hoge Stephen bought 254 shares of MRNA for $21,363 on Aug 12 ’24. On Jul 31 ’24, another insider, AFEYAN NOUBAR, who serves as the Director of the company, sold 15,000 shares for $119.96 each. As a result, the insider received 1,799,443 and left with 2,224,015 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 31677956096 and an Enterprise Value of 24170780672. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.23 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 4.786 whereas that against EBITDA is -5.885.

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 -26.37%, while the 200-Day Moving Average is calculated to be -23.04%.

Shares Statistics:

For the past three months, MRNA has traded an average of 3.99M shares per day and 3480160 over the past ten days. A total of 382.00M shares are outstanding, with a floating share count of 342.64M. Insiders hold about 10.86% of the company’s shares, while institutions hold 67.94% stake in the company. Shares short for MRNA as of 1722384000 were 22589988 with a Short Ratio of 5.66, compared to 1719532800 on 22128568. Therefore, it implies a Short% of Shares Outstanding of 22589988 and a Short% of Float of 7.7299999999999995.

Most Popular