Microstrategy Inc [NASDAQ: MSTR] jumped around 29.5 points on Friday, while shares priced at $396.50 at the close of the session, up 8.04%.
Compared to the average trading volume of 27.62M shares, MSTR reached a trading volume of 24148810 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Microstrategy Inc [MSTR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MSTR shares is $553.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MSTR stock is a recommendation set at 1.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Microstrategy Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 31, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on September 06, 2024, representing the official price target for Microstrategy Inc stock. Previously, the target price had yet another raise to $194, while Cantor Fitzgerald analysts kept a Overweight rating on MSTR stock.
The Average True Range (ATR) for Microstrategy Inc is set at 32.24, with the Price to Sales ratio for MSTR stock in the period of the last 12 months amounting to 209.17. The Price to Book ratio for the last quarter was 21.29, with the Price to Cash per share for the same quarter was set at 0.20.
How has MSTR stock performed recently?
Microstrategy Inc [MSTR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.92. With this latest performance, MSTR shares dropped by -2.94% in over the last four-week period, additionally plugging by 154.96% over the last 6 months – not to mention a rise of 694.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MSTR stock in for the last two-week period is set at 59.15, with the RSI for the last a single of trading hit 65.00, and the three-weeks RSI is set at 57.12 for Microstrategy Inc [MSTR]. The present Moving Average for the last 50 days of trading for this stock 357.23, while it was recorded at 358.94 for the last single week of trading, and 204.89 for the last 200 days.
Microstrategy Inc [MSTR]: Deeper insight into the fundamentals
Microstrategy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.65 and a Current Ratio set at 0.65.
Insider trade positions for Microstrategy Inc [MSTR]
There are presently around $42.03%, or 42.12%% of MSTR stock, in the hands of institutional investors. The top three institutional holders of MSTR stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 1.73 million shares, which is approximately 10.0356%. VANGUARD GROUP INC, holding 1.55 million shares of the stock with an approximate value of $$2.14 billion in MSTR stocks shares; and VANGUARD GROUP INC, currently with $$1.91 billion in MSTR stock with ownership which is approximately 8.0633%.
