MoneyGram International Inc. [MGI] has traded in a range of $1.15 to $4.63 in the last 1 year. As of this writing, the stock is at $3.97, down -6.15%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, MGI shares are 28.06% up with the monthly amount drift of 30.59% and seems well in a long time frame.

On 15, October 2020, MoneyGram and PayMaya Introduce Real-Time Payment Solution for Fund Transfer from United States to the Philippines using Visa Direct. According to news published on Yahoo Finance, MoneyGram is the first in the industry to enable Visa’s real-time push-payment solution in the Philippines.

Analyst Birdseye View:

The most recent analyst activity for MoneyGram International Inc. [NASDAQ:MGI] stock was on March 24, 2020, when it was Downgrade with a Market perform rating from Northland Capital, which also lowered its 12-month price target on the stock from $3.50 to $1. Before that, on August 03, 2020, Evercore ISI Recapitulated an In-line rating and elevated its amount target to $3. On April 03, 2019, Northland Capital Upgrade an Outperform rating and boosted its price target on this stock to $5.50. On November 09, 2018, Evercore ISI Downgrade an Underperform rating. On December 12, 2017, JP Morgan Downgrade an Underweight rating. On January 30, 2017, Feltl & Co. Downgrade a Hold rating. On January 26, 2017, First Analysis Sec Downgrade an Equal-weight rating. On October 11, 2016, Compass Point Resumed a Neutral rating and amplified its amount target to $8.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.15 and a peak of $4.63. Right now, the middling Wall Street analyst 12-month amount mark is $3.00. At the most recent market close, shares of MoneyGram International Inc. [NASDAQ:MGI] were valued at $3.97. According to the average price forecast, investors can expect a potential return of 22.33%.

FUNDAMENTAL ANALYSIS

MoneyGram International Inc. [NASDAQ:MGI] most recently reported quarterly sales of 279.8 billion, which represented growth of -13.60%. This publicly-traded organization’s revenue is $570,648 per employee, while its income is -$26,776 per employee. This company’s Gross Margin is currently 50.10%, its Operating Margin is 5.30%, its Pretax Margin is -5.00, and its Net Margin is -4.69.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 136.20 and the whole liability to whole assets at 21.61. It shows enduring liability to the whole principal at 122.59 and enduring liability to assets at 0.19 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.80 points at 1st support level, the second support level is making up to 3.62. But as of 1st resistance point, this stock is sitting at 4.21 and at 4.44 for 2nd resistance point.

MoneyGram International Inc. [MGI] reported its earnings at $0.01 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.06/share signifying the difference of 0.07 and 116.70% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.05 calling estimates for -$0.05/share with the difference of 0 depicting the surprise of 0.00%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.12.

Insider Stories

The most recent insider trade was by THOMAS H. LEE ADVISORS, LLC, 10% Owner, and it was the sale of 30006.0 shares on Dec 09. Ripple Labs Inc., the , completed a purchase of 0.63 million shares on Nov 22.